Oil and gas price divide raises threat levels, part 1
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
For decades, energy market followers have written about the parity of natural gas and oil prices. Natural-gas-exporting nations have tied or tried to tie long-term gas prices to oil prices. Previously, buyers resisted these pressures as natural gas prices collapsed while world oil prices surged. More recently, though, many contracts have been linked to the gas price at the Henry Hub—the primary US pricing location. This market transformation may have unforeseen economic consequences for world consumers and be an inflationary curse for President Trump as global and domestic demand for US supplies exceeds production capacity. Large price ‘spikes’ and shortages could be coming. In a surprising
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
