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WSJ What’s News

Record U.S. Gas Exports Finding Their Way to Europe

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 6 March 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

P.M. Edition for Mar. 6. After Russia’s invasion of Ukraine, Moscow all but cut its flows of pipeline gas to Europe, its largest customer. Now, the continent is heating homes, generating electricity and powering factories with gas fracked from wells in the U.S., as the amount of LNG exports from the U.S. to Europe has reached record levels. Reporter Benoît Morenne joins host Annmarie Fertoli to discuss the journey of the gas from the wells in the U.S. to regasification facilities in Europe. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Buying a home in Spring 2023 means both higher interest rates and stiff competition.

0:05.0

The Wall Street Journal's Your Money Briefing podcast is breaking it all down

0:08.0

in a special weekly series under contract. You're going to home buying new episodes

0:12.0

drop each Friday. Follow your money briefing everywhere you listen to podcasts.

0:21.0

Why the timeline for an anticipated recession keeps getting pushed back in the US

0:26.0

and how US natural gas exports are finding their way to Europe in record levels.

0:41.0

Plus, a look at the coaching industry for would-be reality TV stars.

0:45.0

It's Monday, March 6th. I'm Anne Marie for Tolly for the Wall Street Journal.

0:49.0

This is the PM edition of What's News, the top headlines and business stories

0:53.0

that moved the world today.

0:56.0

The next economic downturn has become the most anticipated recession in recent US history.

1:03.0

But doesn't it feel like the forecast keeps getting pushed down the line?

1:06.0

That's because strong hiring and consumer spending are complicating the economic picture

1:10.0

for the Federal Reserve, which has been working a slow the economy by steadily raising interest rates.

1:15.0

Wall Street Economist had to do a lot of work to make the economy

1:20.0

more successful.

1:21.0

Which has been working a slow the economy by steadily raising interest rates.

1:25.0

Wall Street Economist had been anticipating a recession by the middle of this year.

1:29.0

Now, many think it could take longer for an economic downturn to hit.

1:33.0

Our chief economics correspondent Nick Timoros says given the resiliency of the economy,

1:37.0

the Fed's plans will be front and center when Chair Jerome Powell testifies

1:41.0

before Congress tomorrow and Wednesday.

...

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