1. NS4960 Spring Term 2018 U.S. Energy Trade, 2016
Oxford Analytica, US Fuel Exports will lead booming energy trade

2. Overview
The U.S. exported 54.7 million tons of coal in 2016, a 18.5% decrease from 2015
Despite coal’s decline, overall energy exports hit record levels in 2016 due to
Years of strong domestic output growth and
Major investments in new infrastructure to link US oil and gas fields with international markets.
U.S. produced
Refined fuel products
Cruse oil and
Natural gas liquids
Now pose new challenges to established exporters in the Middle East and Russia

3. Likely Impacts Several likely developments in the energy export area
OPEC exporters will have to compete directly with US shale producers for market share in high-growth regions such as Asia
Major LNG exporters like Qatar and Australia are likely to see low global gas prices for many years as new US supply hits the market
Midstream companies will see strong growth opportunities reshaping US energy infrastructure for exports
U.S. government’s efforts to boost coal in other advanced economies’ energy markets are unlikely to meet with success
Total energy exports are at record highs and should continue to rise over the coming years as domestic output picks up
US energy exports in 2016 were double amount in 2009 and expected to rise by a further 20% in 2017