Gas prices halve, no surprise
October 18, 2022 Leave a comment
Who would’ve thought that Gas prices could go down, let alone halve.
Well, the Dutch TTF Gas price has as has the Japan Korea LNG Marker (JKM) price.
It may seem perverse that this can happen but not really to others.
Henry Hub Natural Gas has nearly halved from its $10 peak.
Well, its currently $6 and nearing that $5 call I made in this note;
Market forces tend to fix extreme moves in prices.
October 18, 2022
by Rob Zdravevski
rob@karriasset.com.au

