Winter Warmth Hammers Energy Prices, But Don't Expect Bloomberg To Say The "C" Word

[hatrack]

No mention of the “C” word in this impassioned sob story about the crashing price of gas and oil. Gas in particular has seen prices collapse during the unsettlingly warm winter across the US and Europe.

On the plus side, Vladimir Putin has lost his gamble, so far, if he hoped to have Europe groveling for gas this winter.

On the other hand, winter will come around again, and there is no guarantee that the next one will be this mild. Meanwhile the race continues to wean from Russian gas, and in fact, all fossil fuels, as the Ukraine war has been a clarifying moment for anyone that wanted to believe a transition could be delayed.

EDIT



https://climatecrocks.com/2023/03/04/warm-winter-plays-havoc-with-gas-and-oil-prices-but-dont-say-the-c-word/

[Scrivener7]

1. Ironically, could this be what makes the oil and gas industry wake up to climate change

and the damage they do?