• 16 hours The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days "And this is perhaps the most dangerous kind of government there can be."
  • 17 hours Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 2 days Demonising fossil fuels has caused major grid problem in Australia
  • 17 hours "...too many politicians believe things that aren’t true." says Robert Rapier
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 1 day Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 3 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 328 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 5 days ESG Topic - "German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing" - ZeroHedge Bloomberg and others
Editorial Dept

Editorial Dept

More Info

Premium Content

Get Ready For The Energy Price Shock

Natural gas supply concerns continue to feed fears and push futures higher. As of Wednesday, the October Nymex contract was trading up over 17 cents, and Europe is in focus. 

Natural gas prices in Europe continue to rise, and U.S. prices are rallying around this, as well, responding both to European price jumps and concerns about storage capacity on both sides of the Atlantic.

Year-to-date, the key benchmark price in Europe—the Title Transfer Facility (TTF, a Dutch virtual hub)—has shown an increase of 245% and a YOY increase of an astounding 520%, based on the latest data shared by Standard Chartered. 

 LNG exports aren’t ready to step in to do anything about it. 

We have now reached a point where Americans might have to adjust their geopolitical thinking about Russia’s Gazprom-led Nordstream 2 pipeline. This is precisely where geopolitics hits the pocketbook—but not in the way that fits into the American narrative against Nordstream and the political leverage that could give Putin over Europe. 

Even a regularly cold winter in Europe will send prices--which shot up another 10% just on Wednesday--soaring much further. Anything slightly colder than the norm will be a price shock of new proportions. 

Another factor is Nord Stream itself. Prices jumped again Monday partly in response to news that it could take four months to clear Nord Stream for operations. Immediately prior to that,…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News