Exploding natural gas prices threaten to push up winter fuel bills, hurt consumption, further clog supply chains and exacerbate a near-term spike in inflation. It is another blow to a world economy just getting back on its feet after the coronavirus shock.
These price shocks are not small or incidental – multiple times over their average recent price trends. Let’s take a quick tour around the modern world to see just what the markets are telling us.
US natural gas prices, though not the highest they have ever been, show that US natural gas prices have doubled relative to what they […]
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