Russia is the world’s largest exporter of natural gas, and it has used that power before as a geopolitical weapon. But the US recently became the biggest producer of natural gas due to new fracking technology. And the US is working to use its new might to undercut Russia’s sway over Europe. Russia is the world’s largest exporter of natural gas, and it has used that power before as a geopolitical weapon. But the US recently became the biggest producer of natural gas due to new fracking technology. And the US is working to use its new might to undercut Russia’s sway over Europe.