- Natural gas is an economic disaster in the US and global demand will fall a record 3% this year.
- IEA says gas is not a bridging fuel.
- Leading US Utilities exit coal without purchasing new gas plants. Major US LNG export deal with French company Engie cancelled.
- Gas losing out to batteries on backup power.
- With new global emphasis on net zero emissions by 2050, investors might consider if investment in natural gas makes sense or whether they should pivot to renewable energy investment.
For further details see:
Natural Gas Under Pressure As A Fossil Fuel; It Is Not A Bridge To Anywhere