This week, labeled “Energy Week,” President Trump extolled the virtues of domestic energy dominance and the economic benefits of exporting U.S. liquefied natural gas (LNG).
Trump’s White House discussed LNG exports to India with Prime Minister Narendra Modi and South Korean Prime Minister Moon Jae-In, and the President will travel to Poland next week, where he will once again focus on exporting LNG.
Although U.S. exports with Canada and Mexico reached a record high last year, we are still a net importer of natural gas. President Trump is working to instead make the U.S. a net exporter of natural gas.
Additionally, the President also announced his State Department’s approval of a 46-mile NuStar Energy LPs New Burgos Pipeline to Mexico. The project would be capable of hauling 108,000 barrels day of gasoline, diesel and other petroleum products to Mexico from the southern tip of Texas.
Originally reported by the Petroleum Marketers Association of America (PMAA).