Interesting Fact of the Day: As the "Saudi Arabia of Natural Gas," the U.S. Could Become an Exporter

Philadelphia Inquirer (fixed now) -- "Now, another potentially large rival market for natural gas is emerging: Exports.

The Department of Energy has received five applications from companies that want to create terminals to ship liquefied natural gas (LNG) overseas. One application has been approved.

The natural gas industry, which is eager to sell more fuel, says overseas markets could generate billions of dollars in export earnings, improve the nation's balance of trade, and boost the economy in shale-gas areas such as Pennsylvania.

The fact that policymakers are even discussing exports is a remarkable statement about how the shale-gas revolution has turned energy markets on their head."