All signs point to North America becoming the worldwide price setter for natural gas, ConocoPhillips CEO Ryan Lance said Tuesday.
Lance, who helms the world’s largest independent, spoke before a global audience at Gastech 2024 in Houston. U.S. exploration and production (E&P) companies have led the world in unearthing reserves through unconventional drilling, technology they now are sharing – along with LNG exports – with allies overseas.
“The gas reserves here in North America are substantial,” Lance said. He estimated more than “a century of gas” is likely available, ensuring energy security like never before.