Natural gas prices haven't been this low since Russia went to war | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Natural gas prices in Europe and the United States have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine.

Wholesale European gas prices, as measured by the benchmark Dutch futures contract, have dropped almost 48% since mid-December to trade at €71 per megawatt hour on Friday — roughly where they stood on February 15 last year, a little over a week before Moscow’s unprovoked assault on its neighbor. Prices are now nearly 80% below their all-time August high of €346 per megawatt hour.

The continent has also raced to build the facilities needed to receive LNG via ships and convert it into gas that can be transported through pipelines. Germany, the bloc’s biggest consumer of gas, recently opened two regasification terminals, and plans to bring another two online in the coming days, Gloystein said. Still, as the continent looks to fill its stores ahead of next winter with very little Russian gas, problems could arise.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The gauging is going in the US.

Nobody believes you. About anything. The ones that do really don't. Its getting that ridiculous. Tell us again about Russian collusion. That's my favorite. No wait! Tell us how the laptop is Russian propaganda! Yes! Yes! I love that one! Better yet, just go away. NONSENSE.

hey Enbridge enbridgegas, you still doing the whole greedflation thing in Ontario Canada I see. Something to investigate theJagmeetSingh fordnation

wrong

Hey socalgas can’t blame war anymore

Just got notice saying to expect bill 300% higher! What’s going on?

Weird

Not surprised. There's a hose hooked to the Capital building now, allowing us to siphon out all the gas Congress produces when they're in 'session.'

The Crises started before the war because Biden took away our energy independence. Had that not happened we would not have been defending on Russia and we could have provided for Europe. But you fail to tell the Truth. Probably because your Fascist Democrat Masters tell you not 2

Well this month they issued a new rate hike where I live, here in the US. Mine is 33% higher than it has EVER been. This headline lies! They tumbled up, way up.

So why are our bills so high in UK?

Then why are prices not going down for home owners?.

Cartel mexican all day torture and hack my privat life , becouse dont have sex with people arround of my home , cops , fiscalia and military use tecnics for reads minds and support this people spy my life guadalupe Nuevo Leon Mexico col infonavit Benito Juarez zona 1

Still higher then Trumps pro America policies!

Preise senken… kriegt das in Deutschland jemand mit?

Singapore Singapore Latest News, Singapore Singapore Headlines