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To: Kazan

3 posted on 03/08/2023 10:13:01 AM PST by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Travis McGee

That $2.4/mmbtu amount in the graphic is also suspiciously low. Present CME futures are about $2.5/mmbtu - and that’s after having declined 75% from highs last autumn

Morever, go out the futures curve 1 year and prices are at $3.5/mmbtu.

LNG is certainly competitive with other forms of energy, particularly in the 3rd world, but it can never compete with pipeline gas, particularly from Russia.


18 posted on 03/08/2023 10:46:07 AM PST by PGR88
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