JUSTTHENEWS (The Center Square Staff) - Historic federal land in Louisiana eyed for natural gas expansion
The land officially becomes available for Venture Global to buy on Aug. 21.
The land officially becomes available for Venture Global to buy on Aug. 21.
America's natural gas bounty is acting like a moat, largely shielding the U.S. from price spikes while much of the world reels from escalating unrest in the Middle East . Why it matters: Natural gas hasn't, historically, drawn the same headlines as the more volatile oil markets. But it's increasingly central to the economy — including powering the AI boom . Yes, but: The moat isn't impenetrable. And if substantially more American natural gas gets exported, it could raise heating and electricity bills. The big picture: Fueled by fracking, the U.S. has been the world's largest natural gas producer since 2011. Since 2022, it's also been the largest exporter of liquefied natural gas (LNG), the fastest-growing segment of the global gas trade.…