According to the Energy Information Administration (EIA): "In the face of unprecedented levels of domestic natural gas production, net imports of natural gas into the United States fell 23 percent in 2012. Net imports as a percentage of total natural gas consumed decreased to around 6 percent from 8 percent in 2011. A combination of both higher exports and lower imports led to a decline in net imports in 2012. Based on preliminary data for 2012, domestic dry natural gas production increased by about 5 percent to 24,063 billion cubic feet (Bcf). This growth led to greater domestic natural gas supply and relatively low prices in the United States, thus reducing U.S. reliance on foreign natural gas. It also widened the price differential between Henry Hub and foreign markets outside of North America, increasing interest in the potential export of liquefied natural gas (LNG)."
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