Row 9703

Row ID: 9703 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 9703 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

The fundamental issues with natural gas is it can't easily be transported worldwide.

So when you have local surplus there is no where for the product to go so the price falls to just above marginal production cost.

With oil, there is almost always a market somewhere in limited supply so barring 2008 or the pandemic where there is a dramatic global reduction in demand the price holds up okay even when new supply comes online. It may fall but usually still way higher than natural gas on a per energy basis.

Edit: to add, the same thing works in the opposite way, in Europe when Russia reduced supply, the price went through the roof because cheap US gas could not be imported easily.

FieldValue
text The fundamental issues with natural gas is it can't easily be transported worldwide. So when you have local surplus there is no where for the product to go so the price falls to just above marginal production cost. With oil, there is almost always a market somewhere in limited supply so barring 2008 or the pandemic where there is a dramatic global reduction in demand the price holds up okay even when new supply comes online. It may fall but usually still way higher than natural gas on a per e…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-20
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url_encoded Z0FBQUFBQm5Lak9JNGtOcThOMTNLQ1VkcjgyMnFIOTlPdTg2VlFTNUo0NU0wQ1lKa3IxMUtvQ3hTOTNfUnFxeWJMYUdURHhZNVRRVWt0cE1wOFpGNVNDdGJsWkpXc2xGVm9YREtsR0tMaVR3T1VvWjVnWG8tRXFiSzZfRDNvdURDc2JFNWtPMGVtZVNPdkhPZF9zcENkS3VTZnZ5VV9mS01LWGhIeTdjVlRDckEwNGNiaWJkamJjX09XcHItbVN3WEFvUGtLbUp6M3YyM0ZkVS1RbVdRODF5Tnppenc5dVpvQT09

Raw Record

{
  "text": "The fundamental issues with natural gas is it can't easily be transported worldwide.\n\nSo when you have  local surplus there is no where for the product to go so the price falls to just above marginal production cost.\n\nWith oil, there is almost always a market somewhere in limited supply so barring 2008 or the pandemic where there is a dramatic global reduction in demand the price holds up okay even when new supply comes online. It may fall but usually still way higher than natural gas on a per energy basis.\n\nEdit: to add, the same thing works in the opposite way, in Europe when Russia reduced supply, the price went through the roof because cheap US gas could not be imported easily.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1dkxMVUpGUzNjX1MzMHVvcEZQU09RZ0VmVE03ZV9jVHhCYUdiUnpPMnkwTlN1OVNJWHRHTGROcm5ORHR6ZW5ibFdtM0dtNk5hdVFqbDRaeklQLVo5YUE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9JNGtOcThOMTNLQ1VkcjgyMnFIOTlPdTg2VlFTNUo0NU0wQ1lKa3IxMUtvQ3hTOTNfUnFxeWJMYUdURHhZNVRRVWt0cE1wOFpGNVNDdGJsWkpXc2xGVm9YREtsR0tMaVR3T1VvWjVnWG8tRXFiSzZfRDNvdURDc2JFNWtPMGVtZVNPdkhPZF9zcENkS3VTZnZ5VV9mS01LWGhIeTdjVlRDckEwNGNiaWJkamJjX09XcHItbVN3WEFvUGtLbUp6M3YyM0ZkVS1RbVdRODF5Tnppenc5dVpvQT09"
}
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