energy prices

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World’s largest gas producers, 2017

The U.S. shale revolution continues to alter gas markets

The shale revolution has transformed global gas markets and turned the United States into the world’s leading producer. Now a net LNG exporter, the U.S. has challenged established exporters and changed the old pricing order. Europe, which is increasingly reliant on gas imports, is turning to American exports to reduce its dependency on Russia. In Asia, China sees massive growth potential in natural gas.

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