Access to Markets

Exports and Accessing Markets Overseas

Crude Oil and LNG Exports

U.S. crude oil and LNG exports are more than just an economic driver—they are a cornerstone of global energy security and environmental progress. American energy exports are transforming global energy markets, bolstering the U.S. economy, enhancing energy security, and driving down emissions worldwide.

Strengthening the U.S. Economy

Crude oil and LNG exports are vital to the nation’s economic growth:

  • Billions To Our Economy: Crude oil and LNG exports contributed significantly to the economy, making energy one of the largest export categories.
  • Creating Jobs Nationwide: Exporting crude oil and LNG supports hundreds of thousands of American jobs across the energy supply chain, from production and transportation to shipping and port operations.
  • Positive Trade Balance: Energy exports help reduce the U.S. trade deficit, enhancing the nation’s economic stability.

Enhancing Global Energy Security

The U.S. has become a reliable supplier of energy to global markets, reducing reliance on geopolitically unstable regions:

  • World’s Largest LNG Exporter: As of 2022, the U.S. is the leading exporter of LNG, with deliveries reaching over 40 countries. America has sufficient natural gas supply to keep domestic prices low while supplying our allies and meeting growing global demand.
  • Crude Oil to 120+ Nations: American crude oil exports have diversified supply chains worldwide, improving energy security for key allies in Europe, Asia, and beyond.
  • Emergency Energy Relief: LNG has played a critical role in supporting our allies during natural gas shortages, especially amidst geopolitical conflicts.

 

Driving Down Global Emissions

Not only are U.S. companies exporting needed fuel sources, they are also exporting America’s environmental progress. American energy exports contribute to lower global emissions by displacing higher-carbon fuels:

  • Cleaner Natural Gas: LNG exports help countries transition from higher-carbon fuels to natural gas, reducing greenhouse gas emissions in power generation.
  • Lower Methane Intensity: Natural gas production has one of the lowest methane emission intensities globally.

Meeting Global Energy Demand

As global energy needs grow, U.S. exports are meeting demand while fostering stability in volatile markets:

  • Rising LNG Demand: Global natural gas demand is projected to continue to grow, with the U.S. positioned to lead this growth through expanded production and export capacity of natural gas.
  • Flexible Supply Chains: LNG offers destination flexibility, allowing shipments to adapt to changing market and geopolitical conditions.
  • Oil for Economic Growth: American crude oil exports power transportation, industrial processes, and manufacturing in rapidly developing economies.

 

Advocating for Growth and Competitiveness

AXPC works to ensure U.S. crude oil and LNG exports remain competitive and resilient:

  • Modernized Infrastructure: Supporting investments in pipelines, export terminals, and shipping to handle increased export volumes.
  • Streamlined Permitting: Advocating for efficient and predictable permitting processes for LNG exports, terminals and pipeline projects.
  • Global Market Access: Promoting free trade policies to ensure American energy faces minimal barriers in foreign markets.

 

Recent Updates on Access to Markets

Click here for AXPC's latest statements and news on Access to Markets
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