The US midterm elections came to an end with a massive victory for the Democratic Party, setting off a “blue wave,” and attention from all circles began to focus on the next direction of the US energy policy. The mainstream view is that the Democratic Party will continue its traditional pro-renewable energy stance. However, analysts said that even with renewable energy as the core, the new policy will be different from the past. Most importantly, it is also difficult for the Democratic Party to abandon fossil energy. Fossil energy is an important export resource for the US and can bring huge economic benefits. An increase in the share of renewable energy does not directly equal a reduction in electricity costs. In particular, the larger the scale of renewable energy, the higher the demand for expansion of supporting infrastructure such as transmission networks and battery energy storage. This part of the cost also needs to be taken into account. Once voters discover that renewable energy is not as cheap as advertised, this economic narrative may backfire and shake the Democratic Party's support for new energy sources. Today, 14 years later, liquefied natural gas has become the core export category of the US. According to S&P Global Commodity Insights data, US liquefied natural gas exports last year were 44 billion US dollars, about three times the export value of US film and television services.

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