I tell people to view new U.S. natural gas demand as a giant triangle: in order of incremental potential, 1) exports, 2) power generation, and 3) manufacturing (industrial sector). Although to be sure, demand creation is a constant process for all energy sellers, especially true for a U.S. natural gas industry that has seen domestic production surge 55% in the shale-era since 2008, up 12% in 2018 alone (i.e., new supply has overwhelmed).
