Which U.S. States Export the Most Energy?
These states produce more energy than they consume.
This story originally appeared on Commodity.com.
The United States has seen its energy production transformed over the last two decades. Both natural gas and renewable energy sources have grown substantially. This has led the country to export more energy than it imports for the first time in many decades.
In 2019, the United States was a net exporter of energy for the first time since 1952. With a sharp increase over the past 20 years, production has begun to catch up with consumption and exports with imports. The nation’s net imports of coal and coke, natural gas, and petroleum have all fallen below zero, leaving only crude oil as a major fuel import and even imports in that category are declining.
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March 31, 2021 6:30 PM Commodity.com, LatticePublishing.com
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Photo Credit: Alamy Stock Photo
The energy economy in the United States has been transformed over the last 15 to 20 years, reducing reliance on some traditional fuel sources while bringing others to the forefront.
The main factors driving this shift have been the increased use of natural gas and renewable energy. The emergence of fracking has reduced the costs of natural gas extraction and led to a boom in domestic production over the past couple of decades. Simultaneously, new innovations in renewable energy sources like solar and wind power have reduced costs and made these alternatives more viable at scale. With the adoption of natural gas and renewables, production and consumption of formerly predominant sources like oil and coal have leveled off or declined.