U.S. Energy Executives Predict Stable Gas Prices

Executives in the U.S. energy industry predict little change in natural gas prices this year, citing trade policies and geopolitical risks as major uncertainties, according to a Dallas Federal Reserve survey. The survey focused on oilfield services and exploration companies in Texas and neighboring states, highlighting concerns over trade tensions and tariffs. Global natural gas prices have similarly been affected by these tensions, as well as geopolitical events, with recent fluctuations linked to conflicts in Ukraine and between the U.S. and China. A Logistics Management survey further emphasizes that tariffs and trade policy volatility are top contributors to logistics and supply chain uncertainty, impacting costs and operations. The survey of supply chain professionals reveals that geopolitical issues, inflation, and the Russia-Ukraine conflict are exacerbating these uncertainties. These factors collectively contribute to an unpredictable economic landscape for both the energy sector and global trade dynamics.