--- title: G&R Blog | Energy (11) description: Energy | Stay informed with natural resources market insights from Goehring & Rozencwajg Associates. (11) --- [![GoRozen logo](https://blog.gorozen.com/hs-fs/hubfs/Gorozen_July2023/images/629a25c15755c930be0d624f_GoRozen-logo-horizontal-web.png?width=444&height=79&name=629a25c15755c930be0d624f_GoRozen-logo-horizontal-web.png "GoRozen logo")](https://www.gorozen.com/) - FIRM - [HOME](https://www.gorozen.com/) - [ABOUT](https://www.gorozen.com/about) - [TEAM](https://www.gorozen.com/team) - CONTENT - [COMMENTARIES](https://www.gorozen.com/commentaries) - [BLOG](https://blog.gorozen.com/blog) - [PODCASTS](https://www.gorozen.com/podcasts) - HOW TO INVEST - [MUTUAL FUND](https://www.gorozen.com/gr-funds) - [CONFERENCE](https://conference.gorozen.com/) - [CONTACT](https://www.gorozen.com/contact) [access latest research](https://www.gorozen.com/commentaries) # G&R Blog ## Energy [![What to Expect From Gold and Silver Going Forward](https://blog.gorozen.com/hubfs/Blog/2021.09%20GR%20Blog%20Gold%20Silver%20Going%20Forward%20LinkedIn.png)](https://blog.gorozen.com/blog/what-to-expect-from-gold-and-silver-going-forward) ### [What to Expect From Gold and Silver Going Forward](https://blog.gorozen.com/blog/what-to-expect-from-gold-and-silver-going-forward) 09/10/2021 First appeared in Q2 2021 letter While we believe a huge precious metals bull market lies in front of us, we must also be aware that challenges remain over the medium term. Since the beginning of... [Read More →](https://blog.gorozen.com/blog/what-to-expect-from-gold-and-silver-going-forward) [![The Truth About Renewables – Featuring Leigh Goehring and Adam Rozencwajg](https://blog.gorozen.com/hubfs/Blog/2021.09%20GR%20Blog%20Truth%20About%20Renewables%20LinkedIn.png)](https://blog.gorozen.com/blog/the-truth-about-renewables-featuring-leigh-goehring-and-adam-rozencwajg) ### [The Truth About Renewables – Featuring Leigh Goehring and Adam Rozencwajg](https://blog.gorozen.com/blog/the-truth-about-renewables-featuring-leigh-goehring-and-adam-rozencwajg) 09/09/2021 Many of the most popular solutions being proposed to solve our planet’s CO2 problem will be difficult, if not impossible, to accomplish. In this video, managing partners Leigh Goehring and Adam... [Read More →](https://blog.gorozen.com/blog/the-truth-about-renewables-featuring-leigh-goehring-and-adam-rozencwajg) [![North American Gas Markets Now in Deficit](https://blog.gorozen.com/hubfs/Blog/2021.08%20GR%20North%20American%20Gas%20Markets%20LinkedIn.png)](https://blog.gorozen.com/blog/north-american-gas-markets-now-in-deficit) ### [North American Gas Markets Now in Deficit](https://blog.gorozen.com/blog/north-american-gas-markets-now-in-deficit) 08/31/2021 Tightness in the US natural gas market is beginning to manifest itself in low inventory levels. After having started the year at a 200 bcf surplus to the five-year seasonal average, US inventories... [Read More →](https://blog.gorozen.com/blog/north-american-gas-markets-now-in-deficit) [![Update on US Shale Oil Production and Rig Count](https://blog.gorozen.com/hubfs/Blog/2021.08%20GR%20Blog%20Update%20On%20Shale%20LinkedIn.png)](https://blog.gorozen.com/blog/update-on-us-shale-oil-production-and-rig-count) ### [Update on US Shale Oil Production and Rig Count](https://blog.gorozen.com/blog/update-on-us-shale-oil-production-and-rig-count) 08/27/2021 First appeared in 2Q letter August 5, 2021 2021 shale production has held up better than we expected. At the end of last year, we predicted shale production would experience sustained sequential... [Read More →](https://blog.gorozen.com/blog/update-on-us-shale-oil-production-and-rig-count) [![Looking Ahead to a Tight Oil Market](https://blog.gorozen.com/hubfs/Blog/2021.08%20GR%20Blog%20244%20LinkedIn.png)](https://blog.gorozen.com/blog/looking-ahead-to-a-tight-oil-market) ### [Looking Ahead to a Tight Oil Market](https://blog.gorozen.com/blog/looking-ahead-to-a-tight-oil-market) 08/18/2021 “Over the longer-term, ESG-led activist investors have all but ensured non-OPEC production will fall dramatically, leaving OPEC with increased market share and pricing power.” Over the past 18... [Read More →](https://blog.gorozen.com/blog/looking-ahead-to-a-tight-oil-market) [![Is Inflation Here to Stay?](https://blog.gorozen.com/hubfs/Blog/2021.07%20GR%20Blog%20243%20LinkedIn.png)](https://blog.gorozen.com/blog/is-inflation-here-to-stay) ### [Is Inflation Here to Stay?](https://blog.gorozen.com/blog/is-inflation-here-to-stay) 08/11/2021 “With Earnings Soaring, Banks See Boom Ahead” The New York Times, 4/14/2021. A vigorous debate has emerged surrounding inflation as money supply growth dramatically accelerates, deficit spending... [Read More →](https://blog.gorozen.com/blog/is-inflation-here-to-stay) [![China’s Impact on the Global Corn Market](https://blog.gorozen.com/hubfs/Blog/2021.07%20GR%20Blog%20242%20LinkedIn.png)](https://blog.gorozen.com/blog/chinas-impact-on-the-global-corn-market) ### [China’s Impact on the Global Corn Market](https://blog.gorozen.com/blog/chinas-impact-on-the-global-corn-market) 07/23/2021 In our Q4 2020 letter, we discussed how China had emerged seemingly overnight as one of the world’s largest corn importers. While China had become a large importer of soybeans 20 years ago, its corn... [Read More →](https://blog.gorozen.com/blog/chinas-impact-on-the-global-corn-market) [![The US is in Drought and Agricultural Markets in Deficit](https://blog.gorozen.com/hubfs/Blog/2021.06%20GR%20Blog%20241%20LinkedIn.png)](https://blog.gorozen.com/blog/the-us-is-in-drought-and-agricultural-markets-in-deficit) ### [The US is in Drought and Agricultural Markets in Deficit](https://blog.gorozen.com/blog/the-us-is-in-drought-and-agricultural-markets-in-deficit) 07/08/2021 Given low ending stocks, both corn and soy are extremely susceptible to any disappointments in plantings, harvest, or weather. As the 2021–2022 season gets underway, problems have already developed.... [Read More →](https://blog.gorozen.com/blog/the-us-is-in-drought-and-agricultural-markets-in-deficit) [![Oil Inventories Headed Lower Through Remainder of 2021](https://blog.gorozen.com/hubfs/Blog/2021.06%20GR%20Blog%20240%20LinekdIn.png)](https://blog.gorozen.com/blog/oil-inventories-headed-lower-through-remainder-of-2021) ### [Oil Inventories Headed Lower Through Remainder of 2021](https://blog.gorozen.com/blog/oil-inventories-headed-lower-through-remainder-of-2021) 06/30/2021 Non-OPEC+ production outside of the US is facing challenges similar to the situation with the US shales. In their most recent report, the IEA reports that non-OPEC+ production outside of the US was... [Read More →](https://blog.gorozen.com/blog/oil-inventories-headed-lower-through-remainder-of-2021) [![What a Difference a Year Makes (in Oil)](https://blog.gorozen.com/hubfs/Blog/2021.06%20GR%20Blog%20237%20LinkedIn.png)](https://blog.gorozen.com/blog/what-a-difference-a-year-makes-in-oil) ### [What a Difference a Year Makes (in Oil)](https://blog.gorozen.com/blog/what-a-difference-a-year-makes-in-oil) 06/15/2021 Exactly one year after West Texas Intermediate crude reached its historic -$37 per barrel low, the damage inflicted on global oil markets from the COVID-19 economic lockdowns has been largely... [Read More →](https://blog.gorozen.com/blog/what-a-difference-a-year-makes-in-oil) [All posts](https://blog.gorozen.com/blog/all) This quarter's ## Natural Resource Market Commentary [DOWNLOAD NOW](http://gorozen.com/research/commentaries) Stay informed with Natural Resource Market Insights Goehring & Rozencwajg Associates, LLC. 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