The natural gas market’s delicate balance is crumbling, putting the global economy under further strain as nations struggle to secure enough fuel.
War, the energy transition, severe weather and surging demand are creating a period of upheaval that is tightening supply like never before. Nations and companies are grappling to secure enough gas amid a global power crunch as economies recover from the pandemic.
Natural gas is a key component in the global economy that keeps factories buzzing, lights on and houses warm. The competition for a finite supply of the fuel will only get worse if current conditions persist, with skyrocketing prices and supply gaps threatening to upend economies, boost inflation and grind supply chains to a halt.