Natural gas prices in the us. Have rallied, but they're like nine dollars here to day,. eight 99, whichis, which is high, even in this cycle. Here they were as low as five 50, kind of two weeks ago. And in the rest of the world, theres still o 35 dollars. So how can you have this huge arbitrage? Well, we export a lot of gas. We were actually the world's largest gas exporter now. But we still basically produce more than we export. And so we still have excess supply in the us; there's still a bottle neck of export capacity.
MacroVoices Erik Townsend and Patrick Ceresna welcome Adam Rozencwajg to the show to discuss how the world has entered the early stages of a global energy crisis that will take many years to resolve, and he brings some absolutely fascinating insights about U.S. natural gas prices and much more. https://bit.ly/3S8nClc
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