America’s LNG Boom Faces Its Biggest Test Yet
A decade ago, the United States was only beginning to emerge from an energy outlook that had once assumed steadily rising dependence on imported natural gas. For years, the prevailing concern was that domestic production would struggle to keep pace with demand, leaving the country increasingly reliant on liquefied natural gas brought in from overseas. That expectation proved badly wrong. Horizontal drilling and hydraulic fracturing unlocked enormous shale gas resources, domestic production surged, and facilities originally designed to receive imported…