Otmane El Rhazi : Projections show U.S. becoming a net exporter of natural gas

Otmane El Rhazi from Today in Energy.

In its recently released Annual Energy Outlook 2015, EIA expects the United States to be a net natural gas exporter by 2017. Increased availability of domestic gas or higher world energy prices each increase the gap between the cost of U.S. natural gas and world prices that encourages exports of liquefied natural gas, and, to a lesser extent, greater exports by pipeline to Mexico.