Natural Gas Price in Europe

Natural Gas Prices Europe

Natural Gas Prices are spiking in Europe has been the topic of discussion these past few days.

According to Axios:

The stunning rise in European natural gas and power prices is walloping energy-hungry industries and consumers, Axios’ Ben Geman reports.

  • There are many causes, but cold weather early this year, the summer heat and the global economic rebound from COVID-19 drove up demand and left European storage below normal.
  • Limits on supply levels from Russia also aren’t helping. 

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