Daily Energy Report
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Daily Energy Report
US natural gas exports, hype over SPR release, decaying Yemen FSO, oil majors push back on EV mandates, China boosts oil imports Brazil, Russia oil exports rise, global strategic gas reserve, and more
Chart of the Day: US Natural Gas Exports Reach Record High
Summary
US total natural gas exports reached a record high in April. US LNG exports were also at a record high. Preliminary data show a slight decline in May. Figure (1) above shows trends in US natural gas exports. While exports to Canada were relatively steady, exports to Mexico increased significantly in recent years. But the remarkable story was LNG exports: from near zero to more than 12 bcf/d.