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Very short term and local supply and demand issue where there was way more supply than demand. A market inefficiency issue with Europe finding new sources for
by colechristensen 4y ago
Very short term and local supply and demand issue where there was way more supply than demand. A market inefficiency issue with Europe finding new sources for natural gas supply and being paranoid about running out.
They’re trying to cut off Russian supply and being threatened of being cut off. Russian supply is being replaced with American gas. But this is new, it was warm, there was too much gas in places. It happens. It’s good news really.