"With the United States, the European Union, Ukraine and Japan all needing to rebuild natural gas inventories faster-than-average over the summer of 2025 there will be fierce competition for gas over the eight months to October."
Read why here: https://www.zerohedge.com/markets/global-gas-prices-surge-anticipating-summer-scramble-refill-storage
Natural gas prices are $14.12 in Japan/Korea and $14.85 in Europe
What will natural gas prices be this summer?
What will natural gas prices be this summer?
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: What will natural gas prices be this summer?
"Since the second quarter of 2024, consumption has grown faster than production as a result of record gas-fired power generation and lower drilling in the United States, a colder winter in North America and Northwest Europe, and sanctions on Russia. As a result, surplus gas inventories carried over from a mild winter in North America and Northwest Europe in 2023/24 have been entirely used up over the course of winter 2024/25."
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group