The plan of US President-elect Trump to increase liquefied natural gas exports may boost the US economy by $1.3 trillion, according to the Financial Times. The oil and gas industry is expected to be allowed to build new export facilities and pipelines in the Gulf of Mexico. Standard & Poor’s global forecast is based on the expectation that over the next five years, as the elected president fulfills his promises, approval suspensions will be lifted, new export terminals will be built faster, and industry development will be promoted, doubling the capacity of liquefied natural gas exports. Alan Armstrong, CEO of Williams, one of the largest natural gas pipeline companies in the US, said, ‘We have already signed substantial contracts with major liquefied natural gas suppliers, and of course we hope to obtain more contracts like this.’