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U.S. Can Double Natural Gas Exports Without Raising Domestic Prices, Energy Secretary Wright Says on Friday

GateNews

2026-05-15 15:41:34

According to U.S. Energy Secretary Wright, on Friday (May 15), the U.S. can “easily” double its natural gas export volumes without pushing up domestic prices. Wright noted that American natural gas resources are “remarkably abundant,” and the country currently exports approximately 20% of its total production. He emphasized the administration’s commitment to lowering gasoline prices while maintaining the ability to counter Iran’s nuclear ambitions.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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