Published on 13 Sep 2022 on Insider Monkey via Yahoo Finance
Jim Cramer Recommends These 5 LNG Stocks for the “Long Haul”
In this article, we will look at Jim Cramer's top 5 LNG stock picks for the "long haul". If you want to skip reading about why the LNG market is becoming a lucrative investment opportunity right now, you can go directly to Jim Cramer Recommends These 2 LNG Stocks for the "Long Haul".
Europe's Energy Crisis: A Growth Catalyst For LNG and Alternative Energy
Europe's energy crisis is worsening, as the West bombards Russia with sanctions and Russia retaliates by cutting off gas supplies to the region. On September 2, Gazprom shut down gas supplies to Europe via Nord Stream 1 for an undetermined time, citing routine maintenance and turbine problems. The EU is wary of the political motivations of Russia behind cutting off gas supplies to Europe. On August 2, the Group of Seven, G7, nations accused Russia of weaponizing gas as a counterattack to west-related sanctions.