Natural gas soars 700%, becoming driving force in the new cold war - BNN


7/4/2022 12:00:00 AM2 years 10 months ago
by Bloomberg News

Natural gas is the hottest commodity in the world right now. It’s a key driver of global inflation, posting price jumps that are extreme even by the standards of today’s turbulent markets.

One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minut… [+9866 chars]

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