The Illogical Pause on Liquefied Natural Gas Exports

The US has experienced a significant shift in liquefied natural gas (LNG) production, transitioning from a need for imports to becoming the global leader in LNG exports within the span of about 10 years. This transformation is attributed to the shale gas boom, which involves extracting natural gas from shale rock formations using techniques like fracking. The US is now not only the largest LNG exporter but also the world's leading producer of both oil and gas. This industrial shift has been fueled by technological advancements and significant production increases, turning the US into a formidable player in the global energy market.