Natural gas, the poster child of the fossil fuel industry and the bridge fuel to a renewable future, has suffered its fair share of problems amid the coronavirus pandemic. And it may suffer the same fate as oil, at least when it comes to storage. It may also suffer the same fate with regards to negative prices. For now, natural gas is faring better than oil in terms of prices and loss of demand. According to an analysis from Wood Mackenzie’s Kristy Kramer, Head of Global Gas Market Research, gas demand has fallen by just 2 percent since the start of the crisis, compared with 6 percent for oil. That’s thanks to sustainable demand from several industry sectors, notably power generation and heating. However, prices have plummeted because the outbreak came amid an already oversupplied gas market, pretty much the same as the oil market. Besides, Kramer notes, gas […]