# Sources of Flexibility in Global Gas Markets - Center on Global Energy Policy at Columbia University SIPA | CGEP %

> A Columbia University CGEP blog examines flexibility sources in global gas markets, including storage, spare production capacity and LNG contract flexibility. It notes a possible short-term oversupply during the summer low-demand season and the risk of Russia weaponizing gas supplies. It argues North America will increasingly act as the residual balancer.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/35692-sources-of-flexibility-in-global-gas-markets-center-on-global-energy-policy-at
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Flexible U.S. LNG supply shapes how quickly global gas shocks transmit to prices. This analysis gives context for why gas price moves may be dampened or amplified.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-11-01 | [Q&A \| The Role of Liquefied Natural Gas in the US Gas Market - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/44235-q-and-a-the-role-of-liquefied-natural-gas-in-the-us-gas-market-center-on-global.md) | +1.0% | -10.6% |
| NATGAS | 2018-04-23 | [A Changing Global Gas Order 2.0 - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/65696-a-changing-global-gas-order-2-0-center-on-global-energy-policy-at-columbia.md) | +1.3% | +1.4% |
| NATGAS | 2017-05-25 | [How Liquefied Natural Gas Will Transform Global Energy Markets - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/71203-how-liquefied-natural-gas-will-transform-global-energy-markets-center-on-global.md) | -4.8% | -9.7% |
| NATGAS | 2021-10-20 | [The Global Energy Crisis: Implications of Record High Natural Gas Prices - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/44767-the-global-energy-crisis-implications-of-record-high-natural-gas-prices-center.md) | +15.9% | +4.0% |
| NATGAS | 2018-10-16 | [Low US Storage Levels Point to Winter Natural Gas Price Spike Risk - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/62746-low-us-storage-levels-point-to-winter-natural-gas-price-spike-risk-center-on.md) | -2.5% | +19.1% |

## Sources

- energypolicy.columbia.edu: https://www.energypolicy.columbia.edu/sources-of-flexibility-in-global-gas-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.