Gasoline Demand Destruction Accelerates Despite Plunge in Prices: Consumption Drops to August 1997 Level by Wolf Richter • Sep 14, 2022 • 170 Comments Long-term stagnation turns into sharp decline.
Natural Gas Futures in Europe Plunge 44% from Peak by Wolf Richter • Sep 12, 2022 • 161 Comments Storage above target, floating LNG import terminals going into service.
US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High, Unwinds Plunge in June and July by Wolf Richter • Aug 22, 2022 • 82 Comments Not all commodities are plunging: Game of Inflation Whac A Mole.
US Natural Gas Prices Re-Spike, after the Big Plunge by Wolf Richter • Jul 22, 2022 • 119 Comments Just when we thought the plunge in natural gas prices might take pressure off inflation, it starts all over again.
Large-scale Gasoline Demand Destruction Hits Sky-High Prices in Peak Driving Season: Gasoline Consumption Drops to July 1999 Level by Wolf Richter • Jul 14, 2022 • 189 Comments Some demand destruction is behavioral and may bounce back; some is structural, growing, and long term: The decline of an industry.
As Gasoline Prices Spike, Demand Destruction Spreads, with Long-Term Implications by Wolf Richter • Jun 16, 2022 • 308 Comments Wait… gasoline exports are rising.
Wondering Why the Price of Natural Gas is Suddenly so Damn High? The Booming US LNG Export Industry by Wolf Richter • Jun 7, 2022 • 108 Comments US natural gas prices tripled from the 10-year average, now linked to global prices, with 7 LNG export terminals now operating and 15 more approved.
Gasoline Spikes to Nearly $5 US Average, Diesel to $5.70. Crude Oil WTI Jumps to $119. Inflation Not in the Mood of Peaking Yet by Wolf Richter • Jun 6, 2022 • 207 Comments San Francisco regular hit $6.34 on average; at Wolf’s gas station from heck, it hit $6.79, premium at $7.00.
Demand Destruction Hits Gasoline (But Only a Little) as Prices Spike in Historic Leap Just for Summer Driving Season by Wolf Richter • May 26, 2022 • 139 Comments I see gasoline prices rising further despite this modest short-term & long-term demand destruction.
US Natural Gas Futures Spiked to Highest since 2008, Tripled in a Year: Why We Kissed that Dirt-Cheap Natural Gas Goodbye by Wolf Richter • May 25, 2022 • 151 Comments The boom in natural gas exports creates massive demand on US production and connects US prices to the rest of the world.
