As someone with (very minor) natural gas reserve holdings in West Virginia, I’m envious of those in the Southwest who have an apparently unlimited market in the LNG export business. Numerous countries around the world, and especially China and India, would benefit from increased consumption of natural gas, especially if it were to displace current coal usage. They, and many smaller countries, also still rely on diesel fuel in backup generators as their power grids do not provide reliable electricity supplies. Now, the superabundant shale gas resource has allowed U.S. LNG exports to soar, rising from 40 Bcf to 1 Tcf in just 10 years, with plans for a further doubling of capacity by 2021.
