Gas exports

US natural gas exports have doubled since 2018 and most of the increase is going to Europe which stopped buying gas from Russian when the Ukraine War started on Feb 2022. Since 2016 the US has built 8 natural gas export facilities with 8 new sites under construction and a dozen more have receive approval. The US is the worlds largest natural gas exporter and that will double in the next three years. In 2024 these exports contribute $50 billion to the US GDP and support 222,000 good paying jobs. During these years the cost of heating the average US home using natural gas has remained steady at $600 per year. The increase in natural gas production was largely due to fracking for oil. Natural gas is the cleanest of all fossil fuels and using this for transportation would reduce CO2 emissions by 30%. This would reduce US CO2 emissions to 1960 levels when the population was 180 million vs today’s 330 million.