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Oil production looks like it could be plateauing. Natural gas, not so much.
The country hopes to reduce its reliance on the U.S. as a buyer of its natural gas.
New analysis by S&P Global Commodity Insights shows U.S. natural gas companies are catching up to oil companies in their valuations amid demand growth from AI and foreign importers of liquefied natural gas.
The U.S. has become a leading exporter of LNG, which is often used to ease energy shortages around the world. That stokes price volatility.
India, Thailand and other emerging markets struggled after some of the liquefied natural gas they’d expected was rerouted to Europe.
The decrease isn’t because Europe is building more pipelines. In fact, you can put much of it down to luck.
The price of natural gas on U.S. futures markets has been falling, and we’ve been storing large amounts. That may come in handy this winter.
The U.S. is sending record amounts of liquefied natural gas overseas. But a lot of those export contracts are in 20-year increments.
LNG is proving popular as a “bridge fuel” while countries transition from coal and oil to renewables.
The U.S. has been exporting less liquefied natural gas to China since last fall.