The United States has been exporting natural gas at record levels this year, with exporters making big profits on it and expected to continue making big profits because of Europe’s continued demand for the commodity. Yet prices at home have begun to climb higher, too, because natural gas production is growing at a much lower rate than exports.
One team of analysts warned as early as the beginning of this year that eventually, U.S. gas prices and global gas prices will converge. For some, this would be good news. Right now, the gas supply…How Record U.S. Gas Exports Could Fuel The Energy Transition
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