Folks the light blue line at the bottom represents natural gas prices in the US (April 2021 till April 2022). It has hardly moved. America is a net exporter of oil and gas.
The other colored lines represent the same natural gas prices in Europe and Asia. Since the war in Ukraine began, natural gas prices have jumped about FOUR FOLD outside the USA.
The question is not just who will feel the effects of this war but also who will not feel as many effects?
The views expressed are those of the writer and do not necessarily reflect those of MMKtT.
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