Summary
The article critiques Matthew Smith's thesis that US natural gas faces an unprecedented shortage starting in 2028 due to demand from AI and other sectors, potentially exhausting storage by 2030. Doomberg questions whether supply can't respond given historic production growth (doubled in 15 years at low prices), leaving the market outlook uncertain.
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•Matthew Smith predicts US natural gas shortage beginning 2028, possibly exhausting working storage by 2030.
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•Doomberg notes US gas production more than doubled in 15 years (from below 70 bcf/d to over 100 bcf/d) despite low prices.
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•Smith's thesis is driven by fast-growing demand, particularly from AI data centers, overwhelming supply growth.
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•Doomberg expresses skepticism but agrees with some points, though the full evaluation is cut off.