Introduction There is a buzz in the gas market, the likes of which has not been seen for a number of years. In the space of a year, we have moved from an expectation of plentiful cheap supplies to a concern that shortages could emerge if we have a cold winter. The journey to this new reality was somewhat predictable as several key factors including lack of drilling, under-investment in new sources of supply, capital restraint on the part of producers, and a shift toward renewable energy capital allocation have been in play for over a year now. I discussed some of these factors in an earlier OilPrice article back in June and forecast that prices would likely continue to rise for both oil and gas. Prices for both are higher now, but as we have seen, gas has continued to outperform oil in a year-over-year tripling of prices. […]