Skip to content

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.