The Campaign Update: The Energy Crisis Will Only Grow Worse From Here
Here is the situation we all awoke to on this Columbus Day, 2021:
$84 Brent, $81 WTI, and no reason to expect either price to go anywhere but up from here. Meanwhile, the Henry Hub index price for U.S. natural gas opens trading today at $5.79 per Mmbtu, more than double the price on Election Day 2020.
Not surprisingly, the price for gasoline is at its hi…