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U.S. natural gas prices surge to highest level in 13 years

 Last Update: 2022-05-18
 Source: Internet
 Author: User

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According to a report by Bloomberg News on April 18, 2022, U.

New York natural gas futures rose as much as 4.

The last time gas prices were this high was in 2008, when hurricanes threatened offshore gas platforms in the Gulf of Mexico and hot summer weather pushed up demand for air-conditioning power

The rise in natural gas prices this year has been driven by a global fuel shortage

Reserve natural gas inventories in underground caverns were lower than normal for this time of year, and production was flat

Parts of the northern U.

The U.

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