I always like to get in my energy predictions in early January, so this is a bit later than normal. Last year's predictions were especially tough, because Russia's invasion of Ukraine really upended the energy markets. The ongoing war there is still going to be a major theme this year, and that adds an additional challenge to the predictions. As always, I try to strike a balance between realistic predictions, and those that are too obvious. I consider the discussion behind the predictions to be more important than the predictions themselves. That's why I provide extensive background and reasoning behind all predictions. It provides additional context, and often gives potential scenarios that could cause events to go in a different direction than expected. Read More... |
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