THE EMERGING GLOBAL NATURAL GAS MARKET AND THE ENERGY CRISIS OF 2021-2022
Payne Institute Fellow Alex Gilbert, Director Morgan D. Bazilian, and Samantha Gross write about the the ongoing energy crisis of late 2021 looks sure to move into 2022. It has already had wide-ranging impacts on economics, the environment, and security. This essay considers a few of the tensions arising for government policy, investors, and consumers. The crisis has three distinct elements: COVID-19 and supply chain disruptions, greater interconnectedness of natural gas markets, and signs of energy price
volatility during the energy transition away from fossil fuels. December 14, 2021.