The Natural Gas Glut That Oil Traders Keep Ignoring

Natural gas prices have crashed 6% in five days while crude holds above $88, widening a divergence that tells a fascinating story about this exact moment in the energy economy. Lucas breaks down the regional glut in Appalachia, the LNG export bottleneck that's trapping supply in the Permian, and why the usual winter-demand logic isn't applying this June. Luna pushes back on whether storage levels really matter when structural demand from data centers is supposed to be growing. Together they walk through what the May CPI data and the ten-year breakeven inflation rate — which just dipped to 2.35% — signal about commodity pricing power. A specific, numbers-driven episode for anyone watching the real economy vs. the headline. #NaturalGas #Energy #Commodities #Inflation #CPI #LNG #HenryHub #Appalachia #PermianBasin #DataCenters #AIEnergy #Economics #FexingoBusiness #BusinessPodcast #FuturesCurve #Storage #CNBC #MarketStructure Keep every episode free: buymeacoffee.com/fexingo