Charif Souki warns of dire need for US gas infrastructure
Souki is right when he says that the US needs more infrastructure in order to evacuate the gas. But export is not the only alternative and not even the best one. The US consumes almost 20 million barrels per day of crude oil in the form of oil products. Some of that is still being imported. Much of that goes into transportation fuels. If only a fraction of that market could be transformed from oil-based fuels towards gas-based fuels (CNG and LNG), the US as an economy would be stronger for it. If the US used all the gas it currently exports and even plans to export for fueling, the oil market would only be a bit smaller.
