U.S. On Pace to be Net Energy Exporter by 2022

Feb 08, 2018


The United States Department of Energy’s latest report states that the nation will export more energy products than it imports by 2022.

The Annual Energy Outlook from the U.S. Energy Information Administration cites achievement of this feat will occur through continuing expansion of natural gas exports and increasing shipments of crude oil while outward flows of refined products remain strong.

See more from CNBC here: US will be a net energy exporter by 2022, four years sooner than expected, Energy Department says

Eddie Seal | Bloomberg | Getty Images The Eagle Ford crude oil tanker sails out of the the NuStar Energy dock at the Port of Corpus Christi in Corpus Christi, Texas, U.S., on Thursday, Jan. 7, 2016.