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Stories Tagged as

Natural gas

As Russia limits Europe's natural gas supply, Germany pays the price

by Andy Uhler
Jul 26, 2022
Europe's largest economy depends on Russian gas. Vladimir Putin is using it as a political weapon.
Last year, Russia supplied more than half of Germany’s natural gas.
Ina Fassbender/AFP via Getty Images
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Extreme heat is driving up demand for natural gas, along with prices

by Samantha Fields
Jul 22, 2022
Nearly 40% of U.S. electricity is generated by natural gas, so when millions of air conditioners are turned on, prices rise.
With large swaths of the U.S. under excessive heat warnings this week, Americans are blasting their air conditioners, which can increase electricity bills.
Brandon Bell/Getty Images
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Natural gas strategy tests Europe's unity against Russia

by Lily Jamali
Jul 22, 2022
European leaders worry about the risk of a supply shortage in the winter, though member nations have different levels of energy security.
An industrial plant in Germany that uses Russian natural gas. Germany, the largest economy in Europe, is also the most dependent on the Russian resource.
Edouard Merlo/AFP via Getty Images
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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

by Lily Jamali
Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images
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Energy stocks are now the belle of the Wall Street ball

by Andy Uhler
May 24, 2022
Energy investors have profited as prices climbed. But companies hesitate to boost production, even though costs weigh on consumers.
The sun rises behind an oil storage facility in Cushing, Oklahoma. High energy prices raise costs across the economy.
Johannes Eisele/AFP via Getty Images
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As natural gas prices rise, should we send less of it abroad?

by Andy Uhler
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
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Europe, moving away from Russian natural gas, looks to the U.S.

by Lily Jamali
Mar 30, 2022
Europe was already grappling with an energy crisis. The war has made that crisis worse.
Above, a compressor station for a natural gas pipeline in Germany. Prior to the war in Ukraine, Russian natural gas made up 55% of Germany’s imports. That’s down to 40% so far this year.
Sean Gallup/Getty Images
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Why does Putin want Europe to buy natural gas with rubles instead of euros?

by Justin Ho
Mar 30, 2022
It's all about propping up his own country's currency.
The Nord Stream 2 gas line landfall facility in Lubmin, north eastern Germany.
Photo by ODD ANDERSEN/AFP via Getty Images
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The U.S. has lots of natural gas, but getting more of it to Europe will take time and investment

by Justin Ho
Mar 25, 2022
Turning enough gas into liquid so that it can be shipped is a stumbling block.
An LNG processing plant in Louisiana, one of six in the U.S. Officials hope U.S. exports will help Europe reduce imports from Russia.
Andrew Caballero-Reynolds/AFP Getty Images
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Russia threatened to shut off its gas taps to Europe. Can it do that?

by David Brancaccio and Rose Conlon
Mar 15, 2022
If Russia stops sending natural gas to Europe, it'll have to send it somewhere else.
If Russia stops sending natural gas to Europe, it'll have to send it somewhere else.
Odd Andersen/AFP via Getty Images
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