The United States has nearly a 100-year supply of natural gas and this year will surpass Russia and Saudi Arabia as the largest producer of natural gas and petroleum in the world. As a result of increased production, the price of U.S. natural gas has fallen over the last few years, making it competitive in the global market place. This presents an opportunity to export U.S. natural gas, bolster our strategic alliances, reduce our trade deficit and create jobs right here at home.
The United States has nearly a 100-year supply of natural gas and this year will surpass Russia and Saudi Arabia as the largest producer of natural gas and petroleum in the world. As a result of increased production, the price of U.S. natural gas has fallen over the last few years, making it competitive in the global market place. This presents an opportunity to export U.S. natural gas, bolster our strategic alliances, reduce our trade deficit and create jobs right here at home.
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