Pennsylvania

Energy. Environment. Economy.

“Shale Fracking Makes U.S. Natural Gas Superpower. Now What?”

Low domestic natural gas prices has producers looking to export overseas, where they would be able to fetch up to three times the current U.S. price. But building the export infrastructure would be both difficult and expensive.


Asian demand for natural gas has risen so sharply in recent years that Alaska wants to build a $50 billion pipeline and export terminal to move its stranded supply offshore. Exxon Mobil Corp., BP Plc and ConocoPhillips will deliver plans for such a project to Alaska Governor Sean Parnell by the end of this month.

Read more at: www.bloomberg.com

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