What would happen if Russian gas stopped flowing to Europe? Recent gas cutoffs to Poland and Bulgaria are harbingers of a trend. Other countries’ decision on gas imports from Russia need to represent a definitive, unifying statement that the time for Russian dominance over EU gas imports is over. Continue Reading
As payments to Russian energy giants by other countries near their due dates, many ask whether this is the time when Russia may cut its gas deliveries to Europe completely — and, if so, what can the U.S. do? The authors explain why currently, more drastic actions such as invoking the Defense Production Act could prove counterproductive, unnecessary and harmful to U.S. trade policy. Continue Reading
A dispute around a lignite mine in Turów, Poland, indicates that successful climate measures must seek to address national and local concerns. A more tailored approach can result in a more comprehensive treatment of climate matters and an actionable path forward. Continue Reading
The entry of U.S. natural gas into global markets significantly changed the rules of the game. In fact, the open, transparent, competitive dynamic of the U.S. natural gas marketplace is perhaps its most important export. We point to several tangible benefits that go beyond procurement cost. Continue Reading
The U.S. oil, gas and coal industry largely rose and fell based on global economic and energy market conditions rather than federal energy and environmental policies implemented by the Trump administration. As the world recovers from the COVID-19 pandemic, we expect markets to continue to shape the future of the oil and gas industry. Continue Reading
As prices of gas in Europe and Asia dropped precipitously due to the pandemic’s outbreak, there has been a notable exception: in the U.S., prices remained relatively steady and even rose at times. Continue Reading
Prices of natural gas have fallen precipitously in recent months. This could provide an unprecedented opportunity for natural gas importers. But besides the benefits of a buyer’s market, one should also consider the negative effects that ultra-low gas prices can have on the natural gas market. Continue Reading