America’s energy infrastructure has long been the envy of the world.
We have more natural gas pipelines and refineries than anyone else. Yet this infrastructure was designed to facilitate energy imports and domestic distribution. Virtually none of it was built to export energy resources. After all, since 1949, America has been a net energy importer.
Recently, that all changed.
Thanks to the shale oil and gas revolutions (which we’ve covered many times)… America is now a net energy exporter. Massive increases to natural gas, natural gas liquids (NGL), and oil production in America have dramatically shifted the center of energy production for the entire world back to America.
— Daily Wealth