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USA is expected to become net exporter of energy in the next decade, as a result of the increase in natural gas exports and decrease in imports of petroleum products, according to data of Energy Information Administration (EIA). The United States is a net importer of energy since 1953, but the reduction of energy imports and rising exports that began last year will allow this trend to change by 2026.

At the end of 2015, the US government lifted the decades lasting ban on exports of crude oil from the country, while exports of natural gas began in 2016.

USA can become completely energy independent. According to the agency’s total energy consumption is likely to increase by 5% between 2016 and 2040. Meanwhile, the data showed that oil exports from the USA increased seven times since it was raised 40-year export ban in December 2015.

Three months after the United States lifted the ban on oil exports, the US crude oil flowed real to each end of the market, transforming the energy map of the world.

Then analysts commented that though the US is likely to remain small exporter in the foreseeable future compared to the giants of OPEC, such as Saudi Arabia, Iran and Iraq and countries outside the cartel such as Mexico and Russia.

