Natasha Kaneva is joined by Shikha Chaturvedi to discuss why the recent rise in US natural gas price has resulted in little change in the supply and demand balance at the current time. With US natural gas price now above $7/MMBtu and an end-October storage trajectory of 3.4 Tcf, traditional levers of supply increase and demand destruction that would manifest at this price level have been missing. This is particularly true in terms of demand destruction as the US coal balance now appears tighter than the US natural gas balance.

Speakers

Natasha Kaneva, Head of Global Oil and Commodities Research

Shikha Chaturvedi, Head of Global Gas Research

 

This podcast was recorded on April 22, 2022.

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