This is a CBSI in the world. I'm John Bachelor to the south of France,

I'm Simon Constable writing for the Wall Street Journal Barons and Fox News.

Commenting on the climate, Simon lives in paradise, so therefore, though it is midwinter in

New England, snow on the ground, rain, cold, damp.

It should be paradiseical in South France, but, Simon, a very good day to you, don't let us down.

How's the climate in paradise? Good evening to you. Good evening to you, John. It has

been chilly lately, but today and for the next two weeks is going to be really quite perfect. So the high today will be in the high

50s and then pretty much the 60s for the next two weeks. So that's going to be

great. It might continue that way. I don't know. I can't see that far into the future but my

weather forecast on my phone is telling me that next two weeks we can have highs in the

60s and that's great for me I'm pretty happy with that and I may even be able to wear shorts outside.

Commodities. We've been watching commodities through the crisis of Ukraine and the

recovery from the pandemic. Natural gas. Where is it now? What was it before the Ukraine crisis?

Well, it's at 28 euros per megawatt hour. That's how they measure the natural gas and natural gas is used for a lot of

electrical production in in Europe and then you go you go back a very long way

you basically go back to you have to go back to 2019 to get to lower than that and to

look at a reasonable number because you have the pandemic which pushed it very

very low but I think pre everything you're looking at

about 11 euros for a megawatt hour, which is hopefully where it will be soon. But like we've

been discussing for well over a year now the cure for high

prices is high prices so we had price of natural gas up to almost 350 euros megawatt hour which is an

insanely high number and now it's come down to 28 and hopefully

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