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Europe might just be getting a handle on its Russian natural gas problem

Sep 8, 2022
European nations have managed to store gas, and the price has come down from historic highs.
European countries are using a range of strategies to decrease their reliance on Russian natural gas. In the Netherlands, above, a regasification unit converts liquefied natural gas so it can be fed into the country's natural gas network.
Siese Veenstra/ANP/AFP via Getty Images

High energy prices could threaten European utilities' ability to keep doing business

Sep 6, 2022
A reported $1.5 trillion is tied up as collateral on energy markets. That's making it hard for energy companies to operate.
Natural gas prices in Europe rose swiftly over the weekend following the announcement that Russia's state energy company Gazprom will not resume pumping natural gas through the Nord Stream pipeline. Above, a natural gas storage facility in Austria.
Alexandra Beier/Getty Images

Can't pay won't pay: Brits join civil disobedience campaign over soaring energy prices

Aug 23, 2022
A new movement aims to persuade 1 million households to refuse to pay skyrocketing bills, driven by imbalance in natural gas supplies.
A natural gas processing plant and terminals in England. The average UK household energy bill has rocketed by over 200% in the past year, with more increases looming.
Ian Forsyth/Getty Images

How natural gas cutbacks in the EU could impact U.S. farming

Jul 28, 2022
Natural gas is used to manufacture ammonia, which is a key ingredient in fertilizers.
A view shows a facility of German chemical giant BASF at the Alsachimie industrial site in Chalampe, eastern France, Jan. 17, 2022.
BENOIT TESSIER/POOL/AFP via Getty Images

As Russia limits Europe's natural gas supply, Germany pays the price

Jul 26, 2022
Europe's largest economy depends on Russian gas. Vladimir Putin is using it as a political weapon.
Last year, Russia supplied more than half of Germany’s natural gas.
Ina Fassbender/AFP via Getty Images

Extreme heat is driving up demand for natural gas, along with prices

Jul 22, 2022
Nearly 40% of U.S. electricity is generated by natural gas, so when millions of air conditioners are turned on, prices rise.
With large swaths of the U.S. under excessive heat warnings this week, Americans are blasting their air conditioners, which can increase electricity bills.
Brandon Bell/Getty Images

Natural gas strategy tests Europe's unity against Russia

Jul 22, 2022
European leaders worry about the risk of a supply shortage in the winter, though member nations have different levels of energy security.
An industrial plant in Germany that uses Russian natural gas. Germany, the largest economy in Europe, is also the most dependent on the Russian resource.
Edouard Merlo/AFP via Getty Images

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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images

Energy stocks are now the belle of the Wall Street ball

May 24, 2022
Energy investors have profited as prices climbed. But companies hesitate to boost production, even though costs weigh on consumers.
The sun rises behind an oil storage facility in Cushing, Oklahoma. High energy prices raise costs across the economy.
Johannes Eisele/AFP via Getty Images

As natural gas prices rise, should we send less of it abroad?

Apr 21, 2022
The U.S. is sending record amounts of liquefied natural gas overseas. But a lot of those export contracts are in 20-year increments.
High gas prices have some wondering why the U.S. isn't keeping more of its liquefied natural gas at home. It's not that simple.
Joe Raedle/Getty Images