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Giant Chevron and mid-cap Cheniere have said they are bullish on natural gas demand, which Chevron CEO Mike Wirth says he expects to beat expectations due to surging electricity consumption from big tech. ....
The administration of US President Joe Biden is reportedly considering tightening up rules for approving new LNG terminals as the looming presidential election spells uncertainty for natural gas policy. ....
Oversupply and lower domestic prices increase demand for exports, Cheniere’s area of specialty, so it is possible that even if gas prices fall, LNG’s revenue and profit will climb. ....