Little Less Gas News

While a threat of a cut in gas supplies could emerge from Russia, Ukraine, or the E.U., the reality is that the commercial situation could use a little less gas in the market and that goes for Europe and Asia. From an LNG perspective, if you are going to have a supply crisis, the second quarter is probably the best time of the year to have it, as Asian gas demand drops to seasonal lows and Europe is showing record amounts of length in its own balances. In reality, a crisis still appears to be a long shot…