Renewables turn LNG glut into a sinkhole

10 comments

1. Couldn’t happen to worse people.

2. 🤞🏼

3. Hydrocarbons are here to stay. Especially LNG which provide cheap, dependable and clean base load.

4. I didn’t know the case for NG has gotten so bad

5. Don’t get too excited. This is a 2026 prediction opinion piece by someone who is conflating a handful of ideas into facts predicting the collapse of LNG.

   Production capacity, production, and transport volumes are all going up because of demand. There are years of gas power plant construction queued up that will drive more use. In the US and most places around the world, capacity and wholesale prices show that firm dispatchable power is getting more valuable.

6. My Facebook feed features non stop anti-renewable content. The industry is pumping a ton of $$ into stopping solar farms.

7. “Electricity prices rising due to Data Centers, EVs etc”

   “LNG becoming dirt cheap”

   🧐 if only these things could be connected in some way…

8. Provocative article – particularly, if true, that “By October, Beijing’s LNG imports had fallen 11 months in a row.”

   Was considering making one of OKE or LNG or EQT a large portion of my Roth IRA. Can someone smarter than me connect the following?: (1) those companies actual % profits tied to Chinese exports, (2) whether renewable are reducing demand for LNG, and (3) how the AI electricity demands of the next decade are likely to weave into the first two.

   EDIT – were geniune questions, but a small amount of poking around the internet it looks like Europe is the main destination of us lng and China is not even a bigger importer than South Korea. So not dismissing the idea in the article but China is irrelevant for us lng. Also if Europe continues to both build renewables and increase lng imports it appears two can be dismissed as well. So #3 is just a bet that AI grows and causes more lng domestic use. I don’t see anything derailing lng as a good investment over the next few years although I can see where a boom-bust cycle is likely.

9. It was always pitched as a transitional energy source, the industry has naturally tried their very hardest to undermine that, won that fight in America, didn’t see China coming. 

10. The fossil fuel industry is pure evil and doing nothing but hurting the country, hurting humanity, and holding humanity from improving on anything.

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