Natural gas used to sell itself. Emitting less nasties than coal, including carbon dioxide, plus being cheap and homegrown, it was once hailed by former President Barack Obama as a “bridge fuel.” Having flatlined for a long time, US gas consumption surged by about 40% over the past 15 years. Plus, the US has emerged quite unexpectedly as the biggest exporter of liquefied natural gas.

Yet Big Gas is on the defensive, with the latest setback a White House pause on approvals for new LNG export terminals. While President Joe Biden’s move smacks of election-year politicking, the industry must nonetheless grapple with the forces behind it — and the rising potential for splits in their own ranks.

QOSHE - Big Gas Needs to Be a Backup Instead of a Bridge - Liam Denning
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Big Gas Needs to Be a Backup Instead of a Bridge

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07.02.2024

Natural gas used to sell itself. Emitting less nasties than coal, including carbon dioxide, plus being cheap and homegrown, it was once hailed by former President Barack Obama as a........

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