Scarcity, abundance and urgency

How natural gas prices dictate the pace of energy transition

LNG glut claims first US scalp

PLUS: Tracking the glut, cheap gas and the energy transition, 2025 in review, Chart Deck + TTF Risk Model update

Tracking the LNG glut

New LNG physical balance index monitors glut conditions in real-time | Chart Deck — 19 Dec 2025

US LNG profits go negative

Spread compression intensifies, but TTF is primed to snap back | Chart Deck — 12 Dec 2025

The great Transatlantic gas crunch

Negative US LNG profits & record-low Henry Hub-TTF correlation signal extreme market dislocation — and looming rebalancing

Bears tighten grip on TTF

EU gas bear market spells trouble for LNG exporters | Chart Deck — 4 Dec 2025

Funds short TTF

Speculative capital prices in return of Russian gas to Europe, as global LNG glut deepens | Chart Deck — 27 Nov 2025

Chart Deck — 21 Nov 2025

New downloadable slide deck in PDF and PPSX formats, for convenient offline viewing

UK-Norway gas trade: Time for a New Deal?

If we want to avoid populist parties weaponising energy prices we need to think differently, starting with trade relationships between the UK and Norway.

See no evil, hear no evil

From moral high ground to marked silence: the new US stance on Ukrainian corruption

US LNG eats itself

The American gas export boom risks becoming a victim of its own success. Can the waning shale sector pull off a production miracle?

‘Let’s get physical!’: Abaxx takes on JKM

Abaxx Exchange is betting that physical settlement can dethrone JKM as the global LNG price benchmark. The market isn’t so sure.