The global LNG industry has an economics problem. The main use for LNG (liquefied natural gas) is to burn it to generate electricity. However, there are lots of ways to make electricity these days and buying LNG to then burn it for electricity is currently one of the most expensive.| Powering the Planet
LNG investors learning hard lessons about the major economic challenges facing US LNG exporters.| Powering the Planet
While it is now becoming clear to more people that the U.S. oil boom is about to end, very few people are talking about what that means for U.S. natural gas production. Few also are mentioning that some of the major shale gas plays like the Marcellus and| Powering the Planet
Something remarkable happened today in the pages of the Wall Street Journal today. In the article Exxon and Chevron Earnings Fall Back to Earth, a rather stunning quote snuck in explaining why investors weren’t as keen on Exxon as might be expected. “There’s still a lingering concern for| Powering the Planet