Category: Europe gas crisis

John Robson: Ship Canadian LNG to Europe? Strong Business Case or Strikeout Depends on Rules of the Game

Commentary When Justin Trudeau said there was no business case for shipping Canadian natural gas to Europe, the obvious retort is that of the umpire who, when a free-swinging slugger protested a call saying “that was never a strike,” sneered “How would you know?” Nothing in Trudeau’s record, before or after entering politics, suggests the…


US to Sell 20M More Barrels of Reserve Oil; Senate Advances Chips Bill | NTD Business

Retail king Walmart slashes its profit projections, substantially. What does this tell us about a potential recession? Is the CHIPS Act a home run for Congress? One expert says it’s a strikeout. The European Union puts together an emergency plan to tackle the gas crisis. Klondike says goodbye to one of its ice cream treats after…


LIVE 5 PM ET: Putin Says Gas Flows Will Resume, EU Still on Edge; Existing-Home Sales Drop | NTD Business

Russian leader Vladimir Putin signaling that gas deliveries to Europe will start up again, but European countries still have concerns. U.S. home sales are at a two-year low, and prices are rising to record highs. Is it a seller’s market or a buyer’s market? Netflix stock rallied today, despite the company losing nearly a million subscribers in the…


Putin Says Gas Flows Will Resume, EU Still on Edge; Existing-Home Sales Drop | NTD Business

Russian leader Vladimir Putin is signaling that gas deliveries to Europe will start up again, but European countries still have concerns. U.S. home sales are at a two-year low, and prices are rising to record highs. Is it a seller’s market or a buyer’s market? Netflix stock rallied despite the company losing nearly a million subscribers in the…


Is a ‘Strong’ Dollar a Problem?; Economist: EU Faces Recession Without Russian Gas | NTD Business

Your dollars won’t buy you much more of anything these days, but they will buy you more euros, pounds, and yen. What risks does a “strong” U.S. dollar pose to the global economy? The European Union could face a recession if Russia cuts off its supply of natural gas. Will Russia do it? Chinese regulators stepping…