President’s Executive Orders Show Support for Infrastructure Investment Expediting Keystone XL and Dakota Access pipeline projects is right decision for U.S. economy WASHINGTON, DC – The American Council for Capital Formation today released the following statement from ACCF Vice President of Communications Robert Dillon on President Donald Trumps’ executive orders expediting the Dakota Access Pipeline and Keystone XL Pipeline projects: “In signing the Keystone XL and Dakota Access executive orders, President Trump is following through on his campaign promise to reverse the previous administration’s approach of abusing the regulatory process to pursue a political agenda. Unfortunately, that agenda came at // Read More
CNBC | 1/5/17
The United States could become a net exporter of energy by 2026 as domestic production rebounds and demand at home remains flat, the U.S. Energy Information Administration said Thursday in a new report.
In its Annual Energy Outlook 2017, the EIA sees a surge in natural gas exports and improvement in the trade balance of petroleum products causing the United States to become a net energy exporter by 2026. It would be the first time the nation held that status since 1953.
As a net exporter, the United States would still import oil, natural gas and other energy sources, but it would send out more of these products produced at home than it takes in from foreign sources.
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