LNG, coal smash to trash energy robber barons

Sunday 5 February 2023

This is fun and it is not over:

Expect thermal coal to at least match LNG prices.

On the latter, the market is pancaked. Europe has finally gotten some winter conditions but that has done nothing for LNG except, perhaps, to stop the price from falling further:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.