US Natural Gas Production Surges to Record in 2022, up 33% from 2017. LNG Exports Hit Record despite Freeport Terminal Shutdown by Wolf Richter • Mar 3, 2023 • 63 Comments LNG exports to Europe up 150%, exports to Asia and Latin America plunge.
Natural Gas Futures in Europe Plunge 15% Today, Down 84% from Crazy Spike by Wolf Richter • Jan 16, 2023 • 87 Comments LNG Glut in China, suddenly?
US LNG Exports in 2022 Match Qatar, #1 in the World. US Natural Gas Price Plunges 11% Today, 40% in 2 Weeks by Wolf Richter • Jan 3, 2023 • 120 Comments On Delays at restarting the explosion-damaged Freeport LNG export terminal and on weather forecasts.
US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High, Unwinds Plunge in June and July by Wolf Richter • Aug 22, 2022 • 82 Comments Not all commodities are plunging: Game of Inflation Whac A Mole.
US Natural Gas Prices Re-Spike, after the Big Plunge by Wolf Richter • Jul 22, 2022 • 119 Comments Just when we thought the plunge in natural gas prices might take pressure off inflation, it starts all over again.
Wondering Why the Price of Natural Gas is Suddenly so Damn High? The Booming US LNG Export Industry by Wolf Richter • Jun 7, 2022 • 108 Comments US natural gas prices tripled from the 10-year average, now linked to global prices, with 7 LNG export terminals now operating and 15 more approved.
Fracking Suddenly a True Believer in “Discipline?” US Natural Gas Net Exports Hit Record, Prices Jump as Production Stalls by Wolf Richter • Aug 2, 2021 • 86 Comments Subsidized by investors who lost their shirts, cheap natural gas was a huge benefit to the US economy for years.
Shell’s Colossal Miscalculation in 2011 of Today’s LNG Price: Largest-Ever $12-$17-Billion “Floating Facility” Shut Down, Months After Shipping First LNG. Done in by Long Price Collapse by Wolf Richter • Aug 21, 2020 • 57 Comments Designed to profit from sky-high LNG Prices in Japan. Sunk by surging US LNG Exports, multi-year collapse in LNG prices, global LNG glut.
US Crude Oil Production Plunged Most Ever, Natural Gas Followed: The Great American Oil & Gas Bust, Phase 2 by Wolf Richter • Aug 5, 2020 • 119 Comments Precisely what’s needed to end the price collapse. But last time, it wasn’t long before Wall Street liquidity surged back into shale, starting the cycle all over again.
Coal Consumption Plunged to Lowest Since at Least 1973. Why There’s No Hope for Coal by Wolf Richter • Jul 28, 2020 • 149 Comments It comes down to costs and being bypassed by technological innovation, amid stagnating demand for electricity
