How the Winter Storm Is Affecting Natural Gas Supply, Demand
Freezing weather is sweeping across much of the US, putting strain on electricity grids and driving up demand for the heating and power-plant fuel. The storm knocked out about 12% of the country’s natural gas production, limiting supplies to power plants and home furnaces that burn the fuel. Europe relies on the US for most of its gas imports since Russia’s full-scale invasion of Ukraine in 2022 upended traditional pipeline flows and any disruption to US export capacity can quickly tighten the market. Bloomberg’s Dan Murtaugh breaks down the situation.
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5 Comments
Leverage your play with BOIL and KOLD. Rinse and repeat. Working for me!
He looks like Lewky, the guy who sings text messages from tinder dates. 😂
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How long will Europeans support the US LNG Providers?
The act that Trump creates as he flip flops all over the political economic map seems to demonstrate little leadership.
Since the third quarter of 2022, forcing European Consumers to buy LNG from US Sources has supported the US GDP.
LNG sales that were at around 20% of European Demand,
surged to over 40% due to the US threats directed at Russia,
as well as the Russian reaction to threats. in 2021.
Operation Defender Europe seemed to demonstrate how well M-1 Tanks could blow up Real Estate in Romania and Poland.
Russia has proven that Tanks built in Lima Ohio blow up as well as the ones made in England or Germany.
Sending Members of the 82nd Airborne into Poland with missiles that can hit Moscow, seemed more than simply provocative.
The US blowing up Nordstream seemed to deliver the profits.
If we are to objectively view US actions over the last 30 years the aim appears to be pretty obvious.
Those who noticed the Stampede of Corporate Buyers to Moscow in early 1990's might be more aware of the effects that the Dulles Bros began in 1950.
Russia has resources,
The Market Players in the USA desire majority investor status in Russian production.
Russia was not apparently motivated by greed to consume all of the resources available.
The USA has consumed most available domestic sources.
You figure it out.
Tarzan hates Nazis