A surge in natural gas exports

May 15, 2026

AI Summary

5 min read

This episode of Marketplace Morning Report examines a mix of economic updates, including vague progress in US-China trade talks, rising import prices linked partly to Middle East conflict, and a sharp rise in US liquefied natural gas (LNG) exports amid global supply disruptions.

US-China Trade Summit

President Trump returned from a summit with Chinese leader Xi Jinping claiming China agreed to buy more American products, citing oil purchases and 200 Boeing jets in a Fox News interview. US Trade Representative Jameson Greer told Bloomberg of commitments to buy unspecified goods. However, Beijing has not confirmed specifics on oil, jets, or crops, per multiple reports. China's Ministry of Foreign Affairs described the economic and trade meetings as producing "generally balanced" outcomes, offering little detail.

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What you'll learn

1 (01:01) **Trump Returns from Xi Summit** - Light on specifics for China buying US products like oil, jets, and crops
2 (02:02) **Chinese Official Statement** - Describes talks as producing "generally balanced" economic outcomes
3 (02:19) **US Import/Export Price Increases** - Nearly 2% rise in imports, half from Middle East war but broader inflation signals
4 (03:01) **Inflation Impact on Bond Yields** - Yields rising on Fed hike fears, US inflation, and massive federal deficits
5 (05:09) **Natural Gas Exports to Surge 30%** - Driven by Gulf Coast LNG projects amid 20% global supply offline from Middle East war
6 (05:30) **Trump's Pre-War Corpus Christi Visit** - Boasted record LNG exports and energy dominance before prices soared
7 (06:10) **LNG Export Growth Stats** - Up 40% YoY from West Texas gas; US now world's top supplier at 20B cubic feet/day

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Show Notes

"LNG is the next growth story of the next decade," says Kent Britton, CEO of the Port of Corpus Christi. Liquefied natural gas exports are expected to grow 30% in the U.S. in the next year and a half. That growth is driven mostly by new and expanding LNG export projects along the Gulf Coast. What does it mean for the global energy market and coastal economies? But first: inflation, imports, and U.S.-China trade deals.