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The global energy crunch is raising prices for US households and utilities, pushing up coal use and emissions as gas prices rise faster than motor fuels. Tight supplies are also hurting key minerals used in clean energy, with Tesla reporting difficulty sourcing nickel.
The crisis is adding political pressure on the Biden administration over fuel prices and inflation.
Higher US natural gas prices raise power and fertilizer costs and increase coal burn, which tightens energy-linked input costs for feed producers.
eenews.netLesley Clark, Mike Lee, Edward Klump, David Iaconangelo, Carlos AnchondoOct 21, 2021After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
