America's export machine cranks up
Shipments of oil and gas hit new highs in 2016. As drilling picks up and new infrastructure is built, 2017 could be another record breaker
Oil tankers and liquefied natural gas carriers are not a new site in ports along the US' Gulf Coast, long a vital hub in the global energy trade. But the direction of traffic is new. Those ships now often leave US shores laden with American crude, fuel, liquefied natural gas and natural gas liquids. US energy is making its way to all corners of the globe, disrupting long-established trade routes. One morning in late March, for instance, saw the Gallina and Valencia Knutsen LNG tankers—both members of Shell's fleet—filling up at Cheniere Energy's Sabine Pass export facility in Louisiana, ready to ferry more super-chilled US shale gas to consumers in Europe and Asia. At the same time, just up
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