Buffett's Berkshire Hathaway ramps up investment in liquefied natural gas

Jul 11, 2023
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.
A tanker on its way to deliver LNG to France. The U.S. has become a top exporter of the resource.
Clement Mahoudeau/AFP via Getty Images

Energy crunch eases in emerging markets, thanks to Europe’s warm winter

Apr 10, 2023
India, Thailand and other emerging markets struggled after some of the liquefied natural gas they'd expected was rerouted to Europe.
A flare tower at a natural gas facility in Indonesia. Countries like Indonesia and Bangladesh have been able to import more liquefied natural gas recently.
Azwar Ipank/AFP via Getty Images

Europe steeled itself for high natural gas prices, but now they are falling

Dec 16, 2022
The decrease isn't because Europe is building more pipelines. In fact, you can put much of it down to luck.
Neptune, one of several ships that will serve as a floating storage and regasification unit for Germany, will allow the country to import liquefied natural gas.
Danny Gohlke/AFP via Getty Images

The U.S. has stored more natural gas than expected. That's good news for consumers.

Sep 23, 2022
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.
Natural gas production has been boosted by strong prices. Above, gas is flared off in Stanton, Texas.
Joe Raedle/Getty Images

As natural gas prices rise, should we send less of it abroad?

Apr 21, 2022
The U.S. is sending record amounts of liquefied natural gas overseas. But a lot of those export contracts are in 20-year increments.
High gas prices have some wondering why the U.S. isn't keeping more of its liquefied natural gas at home. It's not that simple.
Joe Raedle/Getty Images

Firms race to liquefy more natural gas as global demand soars

Jan 3, 2022
LNG is proving popular as a "bridge fuel" while countries transition from coal and oil to renewables.
LNG could play a crucial role in the transition to net-zero carbon emissions. Above, a ship containing liquefied natural gas at Adriatic LNG Terminal, off the coast of Italy.
Marco Sabadin/AFP via Getty Images

Trump puts liquefied natural gas in the spotlight as China raises tariff

May 14, 2019
The U.S. has been exporting less liquefied natural gas to China since last fall.
A worker welds a liquefied natural gas tank at a factory in Nantong in China's eastern Jiangsu province on March 14.
STR/AFP/Getty Images

For public good, not for profit.

Why China loves American natural gas more than it hates our tariffs

Jul 11, 2018
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn natural gas into liquid to make it easier to ship overseas. In fact, as trade […]

What a West Coast gas terminal could mean for the Rockies

Aug 9, 2017
It would provide direct access to overseas markets. With a new administration in place, the project could be revived.
A liquefied natural gas importation terminal on the Isle of Grain, England.
Dan Kitwood/Getty Images