Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
The Natural Gas Glut That Oil Traders Keep Ignoring
Natural gas prices have crashed 6% in five days while crude holds above $88, widening a divergence that tells a fascinating story about this exact moment in the energy economy. Lucas breaks down the regional glut in Appalachia, the LNG export bottleneck that's trapping supply in the Permian, and why the usual winter-demand logic isn't applying this June. Luna pushes back on whether storage levels really matter when structural demand from data centers is supposed to be growing. Together they walk through what the May CPI data and the ten-year breakeven inflation rate — which just…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.