The U.S. Is Determined To Dominate Global Natural Gas Markets
Natural gas is the cleanest of the fossil fuels. It is also fastest-growing fossil fuel, with a global 2.6 percent average annual growth rate over the past decade.
In comparison, oil grew at a rate of 1.3 percent over the past decade, and coal grew globally at 0.8 percent. Looking ahead, natural gas is projected to be the only fossil fuel that will see substantial demand growth over the next two decades.
Over the past decade, the U.S. shale gas boom propelled the U.S. into the global lead among natural producers. In 2019, the U.S. held a commanding 23.1 percent share of global natural gas production, well ahead of Russia (17.0 percent) and even the entire Middle East (17.4 percent).
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