Is The U.S. About To Redraw The World's Oil And Gas Landscape?

Ambrose Evans-Pritchard, The Telegraph: US to launch blitz of gas exports, eyes global energy dominance

The US Energy Department prepares a wave of LNG gas permits in the latest move to redraw the world's oil and gas landscape.

The United States is poised to flood world markets with once-unthinkable quantities of liquefied natural gas as soon as this year, profoundly changing the geo-politics of global energy and posing a major threat to Russian gas dominance in Europe.

"We anticipate becoming big players, and I think we'll have a big impact," said the Ernest Moniz, the US Energy Secretary. "We're going to influence the whole global LNG market."

Mr Moniz said four LNG export terminals are under construction and the first wave of shipments may begin before the end of this year or in early 2016 at the latest.

WNU Editor: A good review on today's energy markets and what the future may hold. A must read.