Louisiana ranks fourth among the states in crude oil and natural gas production, behind Texas, Alaska, and California. However, if we include production from the Outer Continental Shelf (OCS), our state produces more oil and natural gas than any single state in the U.S.
Louisiana ranks first in natural gas processing capacity and second in petroleum refining capacity. Two of the U.S. Strategic Petroleum Reserve’s four storage facilities are located in our state. We also house the Louisiana Offshore Oil Port (LOOP), which is the only port in the U.S. capable of accommodating deepdraft tankers. Louisiana’s Henry Hub is the largest centralized point for natural gas trading in the country and provides vital access to major U.S. markets.
Another facet of our state’s diverse energy portfolio is the liquefied natural gas (LNG) import terminal at Sabine Pass. This terminal is the largest of nine existing import facilities in the U.S. Future plans for the Sabine LNG terminal could result in a new and lucrative addition to Louisiana’s energy infrastructure and could mean great news for our state and nation.
Source: The Pelican Post
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