US Power Demand Growth Slows as LNG Exports Take Center Stage
Expand Energy, the US' largest natural gas producer, expects power demand growth to slow down as resistance to data centers grows. In contrast, the company anticipates LNG exports will drive much of the industry's growth over the next decade.
The Haynesville shale is seen as a key player in this shift towards LNG exports. According to Expand Energy, a price of $4.50 per million Btu would be needed for growth to materialize by 2040.