Posted on Jun 10, 2022
A major natural gas terminal in Texas goes offline because of an explosion
902
18
2
7
7
0
Posted 2 y ago
Responses: 2
PO1 William "Chip" Nagel good morning, thank you for the solid read/share of the most informational good buddy.
(6)
(0)
PO1 William "Chip" Nagel
..." As a result, LNG prices are increasing, and consumers in Europe are likely to feel the impact, Wyeno said. But in the U.S., natural gas prices are falling because a major buyer of gas — the LNG terminal — stopped buying, he added.
Lower domestic natural gas prices aren't soothing the nerves of people who live near the terminal though. Freeport residents such as Oldham and Jones have long been concerned about the potential for incidents at the terminal."...
..." As a result, LNG prices are increasing, and consumers in Europe are likely to feel the impact, Wyeno said. But in the U.S., natural gas prices are falling because a major buyer of gas — the LNG terminal — stopped buying, he added.
Lower domestic natural gas prices aren't soothing the nerves of people who live near the terminal though. Freeport residents such as Oldham and Jones have long been concerned about the potential for incidents at the terminal."...
(5)
(0)
Read This Next