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EU Commission Announces 5 Point Plan for Self-Imposed Energy Crisis, Including Increased Imports of U.S. Natural Gas Driving Up Prices for U.S. Consumers…

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According to the U.S. Energy Information Association (IEA), U.S. storage of Liquified Natural Gas (LNG) is 12% below the five-year average (LINK). Additionally, the IEA is expecting the U.S. to export 11.7 billion cubic feet of LNG per day during the fourth quarter of 2022 — up 17% from the third quarter. The destination of that export is Europe…

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