U.S. Natural-Gas Market Is Taking Cues From China

  • 📰 WSJ
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Liquefied natural gas is being exported in such large numbers that U.S. pricing has become dependent on a complex array of foreign factors

The rise of the U.S. as a major exporter of liquefied natural gas has helped balance the domestic market amid surging production. It has also connected the price of gas in Louisiana to the weather in China—a development that is adding pressure on already low U.S. prices.

The U.S. gas market, long isolated from global trade, had relied on domestic supply and demand for the heating and power-generation fuel to set prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“Business is about creating value for a specific group of people.” ― Hendrith Smith

Numbers? Do they count every molecule? I think you want the word 'volume'.

The Fallout of the Mueller Report Russiagate TrumpRussia Trump2020 TrumpMueller MuellerReport MuellerRussia MuellerTrump TrumpPutin Democrats DemocratsRussia DemocratsPutin NoamChomsky ChomskyTrump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Brazil's Petrobras to sell other gas pipelines in wake of TAG deal's success - sourcesState-run oil company Petroleo Brasileiro SA is preparing to sell three more gas...
Source: Reuters - 🏆 2. / 97 Read more »