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The natural gas markets across the entire world look a bit differently heading into the current winter compared to the previous two. There are several reasons for this despite the ongoing turmoil tied to Russia and its war with Ukraine and a grid still utilizing natural gas power plants.
Figure 1 | Rumble, Tumble and Fumbling in the Natural Gas World
The rumble tied to a massive supply shortage that was heard around the world was turned into a tumble sound once the price signal was sent and adjustments were made. The fumbling aspect of things comes with the retroactive look at the high prices and causing a knee-jerk reaction in certain regional sections of the Lower 48, like Southern California. One can purchase the content of this report by clicking the button below or subscribe to the Platinum/Platinum Plus eCommerce package offered on a monthly or annual basis to which you would get access to future and past publications.