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.
Natural Gas Futures in Europe Plunge 77% from Crazy Spike by Wolf Richter • Dec 28, 2022 • 92 Comments Record supply of LNG from the US and other sources. Record supply from Norway via pipeline. Conservation, power production shift… It adds up.
Gasoline Demand Destruction Accelerates Despite Plunge in Prices: Consumption Drops to August 1997 Level by Wolf Richter • Sep 14, 2022 • 170 Comments Long-term stagnation turns into sharp decline.
Natural Gas Futures in Europe Plunge 44% from Peak by Wolf Richter • Sep 12, 2022 • 161 Comments Storage above target, floating LNG import terminals going into service.
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.
Large-scale Gasoline Demand Destruction Hits Sky-High Prices in Peak Driving Season: Gasoline Consumption Drops to July 1999 Level by Wolf Richter • Jul 14, 2022 • 189 Comments Some demand destruction is behavioral and may bounce back; some is structural, growing, and long term: The decline of an industry.
As Gasoline Prices Spike, Demand Destruction Spreads, with Long-Term Implications by Wolf Richter • Jun 16, 2022 • 308 Comments Wait… gasoline exports are rising.
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.
Gasoline Spikes to Nearly $5 US Average, Diesel to $5.70. Crude Oil WTI Jumps to $119. Inflation Not in the Mood of Peaking Yet by Wolf Richter • Jun 6, 2022 • 207 Comments San Francisco regular hit $6.34 on average; at Wolf’s gas station from heck, it hit $6.79, premium at $7.00.
