The U.S. Natural Gas Landscape: A Pragmatic Policy Approach Is Needed

The U.S. Natural Gas Landscape: A Pragmatic Policy Approach Is Needed

The United States, and Texas in particular, is quietly experiencing a continuation of a revolution in natural gas production. Despite strong consumption and record exports, domestic prices remain at around $3 per million British thermal unit (Btu). This is a remarkable productivity success story, with Texas leading the charge, accounting for over half of the nation’s growth so far in 2023.