World is in First Global NatGas Crisis, It Will Get “Much Worse”

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Every now and again we find it helpful to raise our heads, take a step back, and look at the big energy picture. We in the Marcellus/Utica don’t live in a bubble, although sometimes it seems that way. What happens in other countries does, to some extent, have the ability to influence what happens in energy markets here in the northeast. The question is how much of an influence do world energy markets have on us? We spotted an article appearing in Abu Dhabi that got us thinking. We found the ideas in the article interesting. The thesis is that the world is currently in the beginning of a worldwide global natural gas crisis–and that the crisis is going to get “much worse” before it gets better. If that’s true, it has implications for us here in the M-U.

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