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U.S. Is Facing A Natural Gas Shortage

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Like Germany, the United States is facing a natural gas shortage. Record LNG exports to Europe reportedly have been threatening America’s domestic natural gas consumption.

Shale producers in the U.S. are struggling to meet growing domestic and international natural gas demand, according to an analysis by Reuters. The report concluded that a hotter-than-expected summer and a lack of alternative energy sources have left the nation’s inventories below the seasonal average. It added that there were no signs of improvement in the level of inventories, despite the rise in gas prices.

While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike this winter, according to Oil Price. 

Germany’s (and Europe’s) Self-Inflicted Upcoming Energy Crunch

Germany’s Energy Crisis: Power Grid Faces Collapse As Prices Soar And Solutions Offer More Problems

The latest data showed that the Permian Shale Basin, which contributes some 12% of US total gas output, and the rig count in the Permian, has been down for two weeks in a row. “Less drilling means less associated gas to add to the national total,” the news outlet reported. -RT

With the winter season around the corner in both Europe and the United States and with a lot of people in both places using gas for heating, the price outlook for gas does not look good from a consumer’s perspective,” Reuters wrote. The report noted that it is unlikely US gas prices will climb anywhere near European levels, “but they are up by a whopping 300% from a few years ago when gas was cheap because it was abundant.”

Sanctions on Russia are making it more difficult to get the natural gas needed to Europe. Germany appears to be suffering the most right now. However, if the U.S. experts too much natural gas, they could be in the same boat very soon.

Prepare and stock up now if you need natural gas. Also, consider an alternative source of heat such as a wood-burning stove.

This article has been contributed by SHTF Plan. Visit www.SHTFplan.com for alternative news, commentary and preparedness info.



Source: https://www.shtfplan.com/headline-news/u-s-is-facing-a-natural-gas-shortage


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    Total 4 comments
    • Patrick

      Unreal , with all the fracking that has scarred our beautiful country and all the natural gas that produced that now has been sold to Europe ? How much more of this kind of abuse are we Americans expected to take ?

      • Anonymous

        ok genius–tell me exactly how fracking scars the land? no lies-do not twist the facts,come on man,tell us….

      • Odysseus

        You PROBABLY should take a drive to West Texas and actually LOOK at a Frac site, before you sound off too much…you don’t know what fracking looks like, what it does, why it’s done…and yet, you try to come off like a ‘voice of reason’ on this. I’ve seen dirtier 7-11 parking lots, than most Frac sites…and living in West Texas, know quite a bit about them.
        As for ‘how long are we Americans expected to take it?’ Well, you can’t be the world’s ‘pimp’ for decades, then lament when you have sold off all you have. We didn’t HAVE TO sell all our oil off…we DID IT FOR GREED. We didn’t have to then fall back to depending on foreign oil, but use theirs before we touch ours became policy…and WE DID. Now, when ‘we need to use our own again’…you’ve got a bunch of ‘globalist communists’ in office that feel ‘enslavement through shortages’ is ideal, so yeah…about that ‘how long are we going to take it?’ ROFL…you can’t ‘rent your daughter out for dating’, only to be upset later when no one wants to marry her, and then double-down on all of that with ‘well, I could set her up with Bob that I work with…but I don’t want him for a son-in-law’…see, the problem with Capitalism to the extreme, is that it makes you a world-class pimp…everything is for sale, for the right price.

        • b4

          your dick,asshole–a real fuck face–you would never talk like that to my face–my 800 million dollar gross a year company has done frac all over the western usa–my son now runs everything–your rant makes no sense–your drunk or on drugs–this is my limit for talking to fools–go fuck yourself ,jump off a high cliff,loser-your for sale ass wipe,where do i mail the 13 cents? fuck you

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