U.S. LNG exports jumped by 20% between January and April from a year earlier as buying activity in Europe remained strong amid a cold winter and low gas inventory levels.
U.S. LNG shipments hit a record high for the January-April period of 34.6 million metric tons, according to data from Kpler cited by Reuters columnist Gavin Maguire.
The Texas oil and natural gas industry continues to add jobs, dominating job growth nationwide, according to the latest Texas Workforce Commission and Department of Labor data.
The sector added 1,900 jobs in the upstream sector over the month in February, bringing the total upstream employment to 205,400 in Texas.
Curious Minds Corner
Besides fuel, what surprising everyday item is made with petroleum?
Chewing gum often contains food-grade petroleum waxes or polymers derived from oil.