Liquified Petroleum Gasses

Today the US is producing more natural gas, natural gas liquids (NGLs) and some grades of crude oil hydrocarbons than we can use.  Consequently we’ve shifted from an overall position of hydrocarbon shortage to one of surplus. But only some of those surplus products can be exported. That’s because of rules put on the books during the decades of shortage that restrict or ban the export of hydrocarbons. At least six such “Molecule Laws” are now variously impacting international market transactions involving US produced hydrocarbons. Today we describe the export rules affecting NGLs.