US gas imports tumble as shale booms
Imports fall to the lowest level in more than 20 years as companies line up to export the country's shale bounty
The shale boom continues to reshape the US energy landscape and global gas trade. The country’s natural gas imports plunged by nearly a quarter last year, driven by “unprecedented levels of domestic natural gas production” and rising exports, the US Energy Information Administration (EIA) said in a recent report. Net US gas imports fell 23% to around 1.5 trillion cubic feet (cf) in 2012, the EIA said, the lowest level since 1990. Both pipeline and liquefied natural gas (LNG) imports tumbled, with piped imports falling by 5% to 2.96 trillion cf, and LNG imports declining by half to 175 billion cf. Around 94% of US gas imports arrived via pipeline from Canada and Mexico. Pipeline imports from
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






