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0.000265078360409345 -0.000275897885323789 -0.00108736225392339 -0.00406273160545515 -0.00473895191262143 -0.000973757242319335 -0.00338651129828888 -0.0014930944382232
Stock impact report

Investors Flock Back To Natural Gas As Demand Soars [zero hedge]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: zero hedge
Investors Flock Back To Natural Gas As Demand Soars By Irina Slav of OilPrice From indispensable bridge fuel to dirtier than coal, natural gas has gone through a few turbulent years recently, culminating in the EU’s risky legislation that could see it left out in the cold and dark, and investors’ newfound—or newly remembered—appetite for investments in gas. In the final year of his term, President Biden imposed a moratorium on new LNG export capacity, based on a study by a researcher who claimed that LNG production resulted in more emissions than burning coal. This was perhaps meant to drive investors away from the commodity, like so many studies before it. But it didn’t. Global demand for natural gas has been growing quite healthily, despite the surge in alternative energy sources. Earlier this year, Infrastructure Investor reported that investors, previously focused on things like wind and solar, were returning to natural gas, sensing which way the demand winds were blowing. The pub Show less Read more
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