Chesapeake is increasing its focus on export markets like Asia where the natural gas prices are higher.
Poland relies on highly CO2-emitting coal for most of its electricity and argues that higher carbon prices would mean higher power prices, or even a shift to natural gas that would increase its dependence on Russia.
In fact, prices for natural gas have stormed higher by roughly 50% since August, collapsing the outlooks for many companies that rely on natural gas as key inputs.
However, higher Henry Hub natural gas prices will offset the impact to some extent.
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Finally, higher non-shale, natural gas prices are making coal an attractive alternative.
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Its increasing reliance on imports has sustained higher energy prices worldwide and underpinned a natural-resource boom in Africa, the Middle East and Australia.
This points to higher prices for U.S. natural gas, eventually.
Besides, relying on lng guarantees two things, neither good: more dependence on imported hydrocarbons and higher prices as the U.S. natural gas market gets tied to world prices.
That growth has transformed global energy markets and sustained higher prices for everything from oil to uranium and other natural resources that China has been consuming.
China's growth has transformed global energy markets and sustained higher prices for everything from oil to uranium and other natural resources that the country has been consuming.
Higher oil prices will be a benefit, but excess demand could keep natural gas-focused names in the doghouse, while some analysts like coal to continue its unexpected star turn.
The gains in oil and natural gas prices were offset by Exxon's shrinking refining and chemical margins, lower production volumes and higher operating costs.
The entities that survive are called natural monopolies and, like other monopolies, they have the power to restrict output and set prices at levels higher than are economically justified.
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