Utilities stepping back from market contracting during a 2x price move, while maintaining an $80 low (vs. $50 previous low), demonstrates that an undersupplied market exists and is understood by market participants, as demand didn't crater but utilities simply exercised maximum patience before re-engaging.
causalpending
Speaker
Justin HuneaultEvidence Quote
“when demand almost disappears and the price doesn't crash back down to where it was that means you have an undersupplied market and that means you have a market that understands that under Supply and the players in the market the Traders the uh the analyst to some extent the price reporters showing 8082 term that's where these deals are get getting done”
Created: 8/12/2026, 6:05:51 PM
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