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hatrack

(64,176 posts)
Thu Dec 18, 2025, 07:06 AM Thursday

One Big Factor Driving Spiking Utility Prices - Expanding Exports Of American Natural Gas

During the 2024 campaign, President Donald Trump promised voters that his policies would lower their energy prices by 50 percent, repeating this pledge in speeches in New York, Pennsylvania and North Carolina. “We will cut energy and electricity prices in half within 12 months—not just for businesses but for all Americans and their families,” he wrote in a Newsweek op-ed.

That hasn’t happened. Nationwide, electricity bills are up 13 percent compared to last year, with some states facing steeper jumps than others. One of the reasons for those increases is the growing export of liquefied natural gas and a corresponding spike in gas prices, argues a new report from Public Citizen, a nonprofit consumer advocacy organization.

The analysis, based on data from the U.S. Energy Information Administration, found that Americans paid $12 billion more for natural gas between January and September 2025 than they did over the same period last year. Because natural gas is used to heat homes directly and to power the electric grid, its price has an outsized impact on Americans’ utility bills. Higher exports leave Americans more exposed to swings in the global market.

EDIT

“Trump’s prioritization of LNG exports is directly in the way of efforts to address energy affordability,” said Tyson Slocum, author of the report and the director of Public Citizen’s energy program. “Twenty-five percent of all of America’s natural gas production is being dedicated to natural gas exports.” Millions of Americans are struggling to pay their utility bills, Slocum said. The latest Census Bureau data on the subject, from September 2024, showed that 23 percent of Americans reported not being able to pay at least one energy bill in full in the prior year.

EDIT

https://insideclimatenews.org/news/17122025/liquefied-natural-gas-exports-driving-up-energy-bills/

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One Big Factor Driving Spiking Utility Prices - Expanding Exports Of American Natural Gas (Original Post) hatrack Thursday OP
Trump doesn't miss a trick when it comes to vandalizing the American economy. Irish_Dem Thursday #1
Excellent post. Informative. Useful in any discussion about the economy Raven123 Thursday #2
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