Energy Analysis Report: March 24
Unlike the political crises of the 20th century in the Middle East, which were reflected in the price of oil, the fundamental change in the global energy matrix has made natural gas and its Siamese twin, liquefied natural gas (LNG), key pieces on the region's energy political board and in global geopolitics.
TL;DR
- Natural gas and liquefied natural gas (LNG) are now key players in regional energy politics and global geopolitics.
- This marks a shift from the 20th century, when Middle Eastern political crises primarily affected oil prices.
- A fundamental change in the global energy matrix has led to this new dynamic.