The Dangerous Rally In Natural Gas Prices ...Middle East

Economy by : (OILPRICE) -
Introduction There is a buzz in the gas market, the likes of which has not been seen for a number of years. In the space of a year, we have moved from an expectation of plentiful cheap supplies to a concern that shortages could emerge if we have a cold winter. The journey to this new reality was somewhat predictable as several key factors including lack of drilling, under-investment in new sources of supply, capital restraint on the part of producers, and a shift toward renewable energy capital allocation have been in play for over a year now.…

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