The North American natural gas boom has made the U.S. the biggest natural gas producer in the world with the cheapest gas, but whether it becomes a big exporter is yet to be seen.
The Department of Energy has a number of applications pending for liquefied natural gas export terminals, and it will decide on them following review of a study now underway on the impact on the U.S. GDP, gas supply and U.S. gas prices, according to Department of Energy Deputy Secretary Daniel Poneman.
Poneman said completion of the study is "months" away and that it would also take into consideration such factors as the impact on employment. Poneman was speaking at the annual CERAWeek energy conference in Houston.
But Anadarko Petroleum CEO James Hackett, in an earlier session at the conference, said he would not count on the U.S. becoming a major exporter. But "I hope we do some of it," he said Wednesday.