Natural-Gas Market Conditions Look Unnatural

Natural gas could really use an OPEC-style, coordinated production ramp-up right now.

Europe’s natural-gas prices typically track lower than those seen in Asia, but they have had to rise to attract flexible liquefied natural-gas cargoes. “On any day, Asia and Europe are neck-and-neck in terms of who offers the best economics,” said Anatol Feygin, chief commercial officer at U.S. LNG exporter Cheniere Energy.is itself behind on stocking up for winter. Data from the U.S. Energy Information Administration show that natural gas in underground storage last week was 7.

Despite the healthy pace of LNG imports this year, Asia and Europe likely need to stock up more to prepare for winter. Non-U.S. LNG exporters haven’t been pitching in as much supply because of various maintenance-related snags.

Now pay attention to uranium prices $sruuf $ccj

Natural gas prices have doubled YTD coz of supply concerns and rising demand. Its expected to keep rising, and if there is an especially cold winter. It will impact consumers who use it for heat, and utilities & companies that use it in production

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Harvard Endowment Won’t Invest in Fossil-Fuel Exploration CompaniesHarvard University’s endowment doesn’t plan to invest in companies that explore for fossil fuels and is investing in funds that support moving to a green economy this is terrible news Only a small part of the infrared rays emitted from the surface of the earth are absorbed by CO2 and emitted, resulting in a greenhouse effect. Exhaust heat from energy consumption is more dominant in global warming. Let’s hope they become multidirectional in all aspects.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »