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France 24
France 24
Business
Kate MOODY

Could the US restrict energy exports amid the global crisis?

PEOPLE & PROFIT © Brett Carlsen, Reuters

The global energy crisis is weighing on households and businesses around the world. The US is more insulated from the high prices because it's a net exporter of energy, and American producers have boosted shipments of liquefied natural gas (LNG) to Europe. But energy and finance analyst Clark Williams-Derry says the ongoing supply issues could change the balance.

"The US is exporting more LNG, more of our gas, and we're importing higher prices as a result. (…) I can expect we're going to see more political pressure possibly to restrict exports from the US, sort of save some of the gas for the US market and try to keep our prices in check," Williams-Derry explains.

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