A Baker Institute blog post examines why US natural gas prices held up and rose during the COVID-19 period, while global gas and oil prices fell sharply. The authors note that the pandemic cut gas demand less than oil demand and that US prices stayed steady despite lower demand.
The piece is analytical and points to supply-side and structural factors.
The persistent strength of US gas prices relative to global markets affects the cost of gas-based fertilizer and energy inputs for US feed producers. The analysis suggests the gap may have lasting implications for US price direction.
Tras 37 eventos neutral de macro pasados, Gas natural se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -4,2 % y +12,9 %), y -1,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.