An unseasonably warm fall and a big push to import and stockpile natural gas have left energy prices plummeting away from summer highs.
determined explosions were set near the pipe. Europe has blamed Russia, Russia has denied those allegations and in turn blamed “the West.”. And the E.U. looked farther afield to import liquefied natural gas. Prices skyrocketed, attracting gas exporters to the bloc—the United States, Qatar, and other countries all sent largeCoupled with warm weather, the E.U.’s aggressive stockpiling strategy appears to have worked, for now—staving off the threat of energy shortagessupply later.
Multiple outlets reported that Europe will need to continue bringing in natural gas through the winter to guard against things like dangerous cold-weather blackouts. And the recent lowered costs for LNG in the E.U. might make that a challenge . Granted, as NYT pointed out, the current natural gas price is still “historically elevated,” so much so
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