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To: Paul R.

BS


2 posted on 10/27/2022 11:16:50 PM PDT by Equine1952
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To: Equine1952

Factually, the current pricing in Europe for natural gas is at the same price where it was in late June, and one-third of the peak price in September. I do agree...its still nowhere the May 2021 price (in the mid-20 Euro range).

There are three elements at work here...unseasonably warm fall weather throughout central Europe, consumers are using less natural gas (not a lot but enough), and simply a overage of natural gas in reserves. Last week, several LNG ships were reported in a sitting-pattern along coastlines because the pricing is not in the favor of natural gas companies.


9 posted on 10/27/2022 11:37:24 PM PDT by pepsionice
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