Ben Shapiro

Here's what they say.

LNG shipments from the lower 48 states began in 2016.

LNG is liquefied natural gas.

Began in 2016 from a Louisiana terminal initially built to receive imported gas.

Because gas compresses when cooled, large LNG tankers can hold enough energy to power 70,000 homes for a year.

Basically, you take the natural gas, which is a gas, and then you liquefy, you turn it into liquid, and then you ship it, and then it is turned back into natural gas on the other end.

Well, within two years, from 2016 to 2018...

US LNG export volumes had more than quintupled, exceeding a trillion cubic feet.

The biggest buyers were South Korea, Japan, and Mexico.

Then Russia invaded Ukraine and energy markets shifted because the Europeans wanted to get off of Russian gas.

France, UK, Spain, Netherlands, they all bid up prices for LNG cargoes to draw them away from Asia.

U.S.

export capacity is ballooning.

The United States shipped more than five trillion cubic feet of LNG abroad last year, still feeding Europe and the Far East while getting market share in Turkey and Egypt.

Think about how crazy that is.

We're getting market share in Turkey and Egypt.

Look at a map.

What are Turkey and Egypt really, really close to?

All of the oil producing countries of the Middle East.

Instead, we are shipping LNG all the way from here to there.