
Dare We Say…Yippiosity?
Yesterday’s inauguration has officially put the sizzle back into American oil and gas. After four long years, the atmosphere today is feeling positively electric for producers, midstream operators, LNG developers, and their plans and developments. We know it has for our colleagues and clients with projects in the queue.
Not one to wade too deep into political waters, but Reese Energy Consulting joins the chorus singing Hallelujah. We recognize the stumbling blocks that lie ahead—nothing comes fast or easy—but for now, we can rejoice in a presidential partner who on Day 1 has re-ignited the spirit of a domestic industry the nation hinges on and the entire world depends on. For that, we’re feeling some major yippiosity, especially in the realm of natural gas.
According to a recent article in Hart Energy, the U.S. is on the brink of a natural gas super-cycle with demand growth largely coming from LNG exports and the buildout boom of data centers hosting AI and crypto mining. Gas demand, according to Bernstein Research, is expected to rise from 120 BCFD in 2024 to 150 BCFD in 2030. Prices could top $5/MCF. But those numbers could well fall short ahead of the newly proclaimed National Energy Emergency, which includes lifting the pause on LNG export permits, and easing restrictions to build oil and gas pipelines and the infrastructure needed to fully unleash American Energy. It’s a start. A beautiful one. And all the more reason to celebrate yippiosity in our house.