LNG exports set to add $1.4trn to US GDP through 2040, S&P Global Energy says
Liquefied natural gas (LNG) is poised to become the US' second-largest net export industry within five years, adding nearly $1.4-trillion to its GDPthrough 2040, according to an S&P Global Energy study.
In 2025, the country became the first to export more than 100-million tons of LNG in one year, as new plants helped production.
The S&P study forecast total investments across the US LNG supply chain to exceed $1-trillion through 2040, with a funding surge after the lifting of last year's export "pause."
It estimated LNG export to generate $2.9-trillion in revenue, $206-billion of taxes and nearly $630-billion in labour income.
It projected a 1.6% rise in domestic average household gas costs between 2026 and 2031.
The export surge is set to double feedgas demand to 36-billion cubic feet per day by 2031, the report said.
US LNG can account for a third of the global market in five years, it added.
Prices in Europe and Asia could jump by 50% if the new US export capacity is not realized, the study predicted.
It added that US LNG exports could help stabilize domestic markets during peak demand, while infrastructure constraints remain the main driver of regional price volatility.
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