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| Stand Up for Free Enterprise |
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| American Energy Is About to Make History |
| U.S. LNG exports are on track to become the nation's second-largest net export sector. |
One big thing: A new S&P Global Energy study, supported by the U.S. Chamber, finds that American liquefied natural gas (LNG) exports are on track to become the nation's second-largest net export sector, delivering consequential economic and geopolitical impacts—while keeping the impact on U.S. households negligible.
Why it matters: The LNG industry supports more than 550,000 jobs annually and is projected to generate $1.4 trillion in economic output through 2040. At the same time, U.S. residential gas prices are among the most affordable in the world. For families watching their energy costs, that affordability matters.
Households in the Northeast could benefit from this abundance. Expanding pipeline capacity to the region could cut peak winter gas prices by more than 20% in New England and New York during periods of high demand.
Big picture: American LNG will supply 30% of the global LNG market by 2030 and is reshaping global energy markets. Without U.S. exports, Europe’s planned 2027 ban on Russian energy imports becomes harder to execute—meaning our energy strength is also a foreign policy asset.
Bottom line: The U.S. Chamber continues to push for policies and infrastructure investments to fully realize this opportunity. American energy abundance is a win for workers, businesses, and our allies, and we should be building on it.
Dig deeper: Want to see the full picture? S&P Global Energy’s reports—Phase 1 and Phase 2—break down the overall economic benefits of U.S. LNG exports. |
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