• worldwidewave@lemmy.world
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    1 month ago

    The rise of the US as the world’s oil and gas powerhouse has come at an astonishing pace. Within just the last decade, Congress lifted a ban on exporting crude oil and the US became one of the world’s leading oil exporters, elbowing aside classic petrostates like the UAE and Kuwait. In that timeframe, US exports of gas, frozen to liquid form and shipped, also started in earnest and last year America became the world’s leader.

    “To go from zero to billions of barrels is just stunning,” said David Dismukes, an energy expert at Louisiana State University. “It can be hard to comprehend.”

    Move aside, Russia. The world’s got a new gas daddy