Perhaps the most over-hyped and misused phrase in the trading world is “paradigm shift,” yet the proliferation of U.S. energy production has created just that. And it will take the world’s energy producers and consumers a while to get used to it.
With the election almost upon us, traders and analysts weigh in on how its outcome may affect the currently oversupplied energy market as well as any potential geopolitical repercussions, which have been a major factor in recent years.
Some analysts have described natural gas’ price collapse as “epic” in proportion. With prices currently the lowest they have been in more than 10 years, it’s staggering to think that some analysts say prices need to fall further.