U.S. LNG Demand Hits Record High: A Boon for Select Stocks

On the last day of 2024, U.S. natural gas demand from liquefied natural gas (LNG) plants soared to a record 15.2 billion cubic feet per day (bcfd), highlighting the sector's robust growth trajectory. Preliminary data from financial firm LSEG reflect the commissioning of two new gas-processing plants—Venture Global LNG’s Plaquemines plant in Louisiana and Cheniere Energy’s Corpus Christi Stage 3 expansion in Texas.LNG feedgas demand is projected to climb even higher in 2025, reaching 17.8 bcfd. The United St ...