---
title: Q1 2022 Goehring & Rozencwajg Commentary - The Gas Crisis is Coming to America
description: Natural Resource Investors, Leigh Goehring and Adam Rozencwajg, CFA, discuss how US natural gas trades at a 70% discount to international prices. In this letter, they explain why they think that could close more quickly than anyone realizes.
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---

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# The Gas Crisis is Coming to America

![2022.Q1 Commentary Cover Image - LP](https://info.gorozen.com/hs-fs/hubfs/Content%20Offers/2022.Q1%20Commentary/2022.Q1%20Commentary%20Cover%20Image%20-%20LP.png?width=202&name=2022.Q1%20Commentary%20Cover%20Image%20-%20LP.png)Outside of North America, there is a full blown natural gas crisis. Prices are $30 – $50 per mmcf, causing factories to shut down.

In the United States, natural gas has rallied sharply but is still only $8.00 – 73% below the international price.

What if that gap closed in a matter of days?

Our newest commentary, *The Gas Crisis is Coming to America*, looks at why there is such a dislocation between US and international prices and why we think it cannot last.

Download our Q1 2022 commentary for insight into:

- **Why US natural gas could be the best preforming sector in the market**
- **How we used magazine covers to predict the current inflation**
- **Why this bull market has just started**

## *Please fill out the form on this page to download a copy of our Q1 2022 market commentary.*

## *Download Your Copy*

Goehring & Rozencwajg Associates, LLC. The information provided on this website is intended to provide the investor with an introduction to Goehring & Rozencwajg Associates, LLC. Nothing on this website should be construed as a solicitation offer, or recommendation to buy or sell any security or as an offer to provide advisory services. Information on this website is intended only for United States citizens and residents. Nothing contained on this website constitutes investment, legal, tax, or other advice nor should be relied upon in making an investment or other decision. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment advisor or to invest in a fund.

This material may include estimates, outlooks, projections and other “forward-looking statements.” Due to a variety of factors, actual events or market behavior may differ significantly from any views expressed. Investing entails risks, including possible loss of principal. Investments concentrated in natural resources involve a higher degree of risk than more diversified strategies. Past performance is no guarantee of future results.

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