Europe is clamoring to buy more American natural gas in response to the Russian invasion of Ukraine. What does it mean for Pennsylvania?
invested $3.8 billion to install cryogenic equipment needed to chill natural gas to minus-260 degrees, at which point it turns into liquid. The plant can liquefy up to 770 million cubic feet of gas a day.
The United States only began exporting LNG six years ago after domestic natural gas production increased dramatically with the exploration of shale, the geologic rock formations containing oil and gas that were unlocked with the development of hydraulic fracturing. Most of the large plants that liquefy natural gas for loading into seagoing tankers are located on the Gulf Coast., which is expected to increase to 13.
“‘Drill, baby, drill’ needs to become our commonwealth’s battle cry for maximizing energy independence,” State Rep. Daryl Metcalfe , chairman of Pennsylvania House Environmental Resources and Energy Committee,, including lifting a moratorium on new leases of state land for gas drilling.
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