Economist. Strategist. Research Head. Thermal energy crisis; energy transition & industrial commodities my current areas of focus; All views expressed my own.
Sep 9, 2022 • 9 tweets • 4 min read
1/9 Lots of good & bad info being written on EU nat gas situation & IMHO by far the best discussion on this topic is here twitter.com/i/spaces/1jMKg…. Trying to add a little bit of analysis to discussion, I think this is a useful framework for thinking about the stock and flow of gas
2/9 SO, Europe has done an amazing job of filling storage for winter despite backdrop of extreme summer heat & drought conditions which have increased demand for gas at same time impaired renewable & nuclear prodn. Storage is above avge for this time of year for 1st time this yr
