Yeah, there's probably

> some slack, from developed wells that weren’t worth bringing to market at recent prices,

But 17% global LNG supply is a real constraint and that doesn't come back fast.  Price does the clearing.

Yermin

There’s some slack, from developed wells that weren’t worth bringing to market at recent prices.

However, I imagine you’re right that almost all of the adjustment will come from reduced usage as prices rise.

econ

17% of global LNG just disappeared

There’s some slack, from developed wells that weren’t worth bringing to market at recent prices. 

However, I imagine you’re right that almost all of the adjustment will come from reduced usage as prices rise.