Power stations need natural gas to provide electricity to homes and businesses.
With winter approaching, the demand for this resource will soar.
But Europe is facing a mounting natural gas crisis that U.S. companies can help avoid.
In today's episode of The Stock Power Podcast, I share a 96-rated energy Power Stock with a strong portfolio of natural gas properties in the U.S.
Europe is facing a natural gas crisis of epic proportions.
When Moscow slashed its delivery of natural gas in 2021, Europe suffered because Russia accounted for 40% of supply.
This week, it went one step further.
Russia shut off all gas supplies to Europe until all economic sanctions have been lifted.
Norway is now the leading exporter of natural gas to the continent, but that’s not enough.
Countries will turn to the U.S. to fill growing demand as winter approaches.
This week’s Power Stock is a company that explores and produces natural gas from its properties in the U.S.:
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