A quote from Tuesday's OilPrice report on the gas market. Surely this impending supply crunch will provide the necessary momentum to get some of these projects 'over the line' for GEV........
"Natural gas prices shoot up. U.S. natural gas prices have climbed to their highest levels since late 2019, pushed higher by ongoing hot weather and absolute declines in production. The tightness is global – JKM prices for LNG could rise to $6/MMBtu by December, according to a report from Bank of America Merrill Lynch. That opens up exports for U.S. LNG again. “[T]he world will call on all US export capacity this winter, in our view,” the bank said."
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A quote from Tuesday's OilPrice report on the gas market. Surely...
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