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.
I’m not in this for and argument. If our winter drills into super cold with no heating oil or diesel to bring trucks with food? What then? Guess you could eat your neighbors but they got guns too.