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2022 Energy Overview: What’s Changed and What’s Ahead


Some may refer to the year 2022 as the “year of tumult” for energy markets. With unprecedented high natural gas pricing and volatility, including a run-up not seen since 2007-2008, the natural gas market is finally retreating from a 14-year high of approximately $10/MMBtu, currently at around $5/MMBtu (See Exhibit A). Similarly, U.S. power forward …