Commodities

US Has More Natural Gas Than It Can Use as War Chokes Global Supply

Soaring gas production is poised to bolster US manufacturing, creating an economic tailwind

A gas flare near Mentone, Texas.Photographer: Bronte Wittpenn/Bloomberg

As the Iran war strangles natural gas supplies, countries across Asia and Africa are rationing fuel and enduring blackouts. In Europe, the conflict is raising the risk of an energy crunch this winter.

Thousands of miles away, in the heart of US shale country, gas is so plentiful that producers have to pay buyersBloomberg Terminal to take it off their hands.