Energy Demand: Europe Versus U.S.

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Jan. 06 (Bloomberg) -- Bloomberg’s Chris Rogers reports on how weather is affecting the demand for energy in the U.S. and how demands differ from countries in the EU. He speaks on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)

The other side of the atlantic, but delve deeper into what the implications are.

The cold weather in the u.s. is going to put pressure on the utilities there, particularly in the northeast, to make sure they have enough gas for the winter.

Last winter when it was this cold, that import gas using liquefied nationural gas, diverted gas away from your.

Was that mean for the utilities involved?

In terms of the actual numbers they're going to be generating and with the margins will look like very as you look at upn utilities, they are selling less gas, less revenues and profit rate some companies who are lng traders made be able to arbitrage between europe and the u.s. and asia.

It may be the year of the lng trader.

The us market is long way -- is largely a liquefied.

As a start to change come as we get more and more events like this, how will that impact future energy planning?

The first thing is we are not kind to get those terminals until 2016 or 17. this year the department of energy will have to make some decisions.

That in turn increases global gas liquidity, so they're trading globally and that means we might begin to see if not convergesnce then at least trading.

Who are the main names we should be focusing on?

Bg plc, biggest producer of lng globally.

Running their operations.

Chris, nice to see you.

Chris rodgers joining us from bloomberg industries.

Francine, back over to you.

This text has been automatically generated. It may not be 100% accurate.


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