Posted on 06/28/2024 5:32:28 AM PDT by Chad C. Mulligan
Let's check!
natural gas at Henry Hub (USD/MMBtu) - $2.64
NYMEX - Dutch TTF Natural Gas (USD/MMBtu) - $10.68
They're standing here staring into space like Brandon last night.
There are several problems with this narrative.
Russia won’t build a pipeline on such conditions because it makes no sense.
China needs gas and is mostly getting it for a very high price by LNG which is also an unreliable supply.
Bottom like is that it is not expedient for China to do what the article imply.
They can afford to pay as much as Russians want.
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