Coal crash begins as LNG tanks

Thursday 12 January 2023

Global energy prices are crashing. LNG is back within historic ranges, if high:

As I wrote earlier this week, there is no way that thermal coal could stay at $00 as this transpired and that crash has begun as well:

Prices could halve yet.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.