Metals News Hubb
Advertisement Banner
  • Home
  • News
  • Metallurgy
  • Contact
No Result
View All Result
  • Home
  • News
  • Metallurgy
  • Contact
No Result
View All Result
Gourmet News Hubb
No Result
View All Result
Home Metallurgy

U.S. Facing A Natural Gas Shortage – Silver Doctors

admin by admin
September 27, 2022
in Metallurgy


It looks likely that prices both at home and abroad will spike…

 by Mac Slavo of SHTFplan

Like Germany, the United States is facing a natural gas shortage. Record LNG exports to Europe reportedly have been threatening America’s domestic natural gas consumption.

Shale producers in the U.S. are struggling to meet growing domestic and international natural gas demand, according to an analysis by Reuters. The report concluded that a hotter-than-expected summer and a lack of alternative energy sources have left the nation’s inventories below the seasonal average. It added that there were no signs of improvement in the level of inventories, despite the rise in gas prices.

While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike this winter, according to Oil Price. 

Germany’s (and Europe’s) Self-Inflicted Upcoming Energy Crunch

Germany’s Energy Crisis: Power Grid Faces Collapse As Prices Soar And Solutions Offer More Problems

The latest data showed that the Permian Shale Basin, which contributes some 12% of US total gas output, and the rig count in the Permian, has been down for two weeks in a row. “Less drilling means less associated gas to add to the national total,” the news outlet reported. -RT

With the winter season around the corner in both Europe and the United States and with a lot of people in both places using gas for heating, the price outlook for gas does not look good from a consumer’s perspective,” Reuters wrote. The report noted that it is unlikely US gas prices will climb anywhere near European levels, “but they are up by a whopping 300% from a few years ago when gas was cheap because it was abundant.”

Sanctions on Russia are making it more difficult to get the natural gas needed to Europe. Germany appears to be suffering the most right now. However, if the U.S. experts too much natural gas, they could be in the same boat very soon.

Prepare and stock up now if you need natural gas. Also, consider an alternative source of heat such as a wood-burning stove.





Source link

Previous Post

Rio Tinto Joins First Movers Coalition To Aid In Achieving Zero-Carbon Aluminium – Aluminium Insider

Next Post

Market Sell-Off Continues; Gold/Silver Disconnect

Next Post

Market Sell-Off Continues; Gold/Silver Disconnect

Recommended

What If Everyone’s Wrong (Just Long Enough to Blow Up Their Account)? – Silver Doctors

4 months ago

Aluminium Bahrain’s 2022 Bottom Line Hit Hard By Challenges To Global Market – Aluminium Insider

4 days ago

What’s Worse Than Inflation? Depression + Inflation – Silver Doctors

5 months ago

Is China Controlling the Silver Market?

1 month ago

LBMA Delegates Expecting Gold and Silver Prices to Rally

4 months ago

Lithium futures gather momentum amid EV battery metals boom

2 weeks ago

© 2022 Metals News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Metallurgy
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Metallurgy
  • Contact

© 2022 Metals News Hubb All rights reserved.