Australia’s east coast is expected to have a shortfall of domestic gas supply from 2027 unless new gas fields are soon brought online, according to the nation’s top consumer watchdog.
A winter storm that brought snow to Dallas and threatens the US South with ice and sleet has grounded more than 2,400 flights and is raising the risk of power outages through the region.
A rally in liquefied natural gas has pushed Asian prices to a rare and substantial premium over oil, paving the way for major consumers to shift to cheaper but dirtier fuels.
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