U.S. Natural Gas Prices To Spike As Exports Boom

Meet Europe, the newest and unlikeliest star on the LNG stage. Europe recently had to reconsider its emissions-cutting ambitions in light of the danger of an unprecedented energy crunch. U.S. natural gas producers are only too happy to help. Cue worries about a domestic shortage. European Union governments have been discussing for weeks ways to cut their reliance on Russian oil and gas. There have been claims that the EU can make it through the summer even if gas imports from Russia are cut because there is enough gas in storage. Still, Brussels…