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The issue is that the natural gas pipeline system wasn't built for what we're now asking it to do. You've got LNG export facilities pulling massive volumes to the Gulf Coast, data centers and AI infrastructure demanding firm power in places that never needed it before, and a renewables buildout that paradoxically increases gas demand by requiring backup generation for when the wind doesn't blow and the sun doesn't shine.

Invest Like the Best with Patrick O'Shaughnessy
3d ago

The fundamental problem is that America has been extraordinarily successful at producing natural gas, but the infrastructure to move it, store it, and export it has not kept pace with demand growth. We are essentially running a system that was designed for a different era, and the consequences of that mismatch are going to become very apparent very soon.

4d ago

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