Not sure what the US price for natural gas is since it’s tracked monthly; I’ve read supply chain issues actually brought it down, but no clue for March 22. LNG on the Japan/Korea Marker (JKMc1) is way up, from even a week ago. Prices by region are inconsistent, but I’ve read that, for whatever reason, the Japan/Korea marker is a reasonable proxy. Take that with a larger grain of salt than you’d normally take an Internet comment. Here’s the Dutch TFAc1 too.
As a reminder, LNG is liquified natural gas – what gets shipped on boats. Natural gas in its gaseous state gets moved through pipelines.
It’s the second and third order effects people will start to feel in six months regardless of when this stops that are going to really hurt.
Time to plant a garden, I suppose. At least it’s early spring in the N Hemisphere.
