The IEA has done an analysis of the immense looming global gas glut. It is even bigger than I thought. Following the supply shock of 2022/23, natural gas markets moved towards a gradual rebalancing in 2024 and 2025. During this period, supply fundamentals remained tight and prices stayed well above their historic levels. This limited
The post Energy superidiot fiddles while global gas burns appeared first on MacroBusiness.