<p>One may be forgiven for believing that the recent spike in gas prices and shortening supply are unheralded. However, some facets of the current situation could have been forecast with a quick analysis of trends from the previous decade. The low prices for both oil and gas of the period between 2010 and 2020 constrained investment. Companies found it difficult to make Final Investment Decisions (FIDs) when prices were low, despite arguments about the benefits of counter cyclical investments.</p>
