The prospects for America’s natural gas industry were already looking up under the Trump administration — and then the president launched a global trade war.
As the White House pursues trade negotiations with more than 100 countries, America’s growing liquefied natural gas industry is being sold as a vital bargaining chip in talks.
Energy Secretary Chris Wright, currently on a two-week tour of Gulf states, raised the prospect of “large-scale investments and partnerships” in U.S. liquefied natural gas projects with the United Arab Emirates last week and planned to do the same with Saudi Arabia, according to a Department of Energy spokesperson. Those conversations included discussion of a massive proposed Alaska project that has been a popular idea with Republicans for decades, but has, until now, proven too costly and complicated to turn into reality.