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As many as half of British households may be facing fuel poverty because of the inexorable rise in energy prices, EDF, the French utility that also has business in the UK, has warned. .... The UK's energy market regulator Ofgem is set to announce the latest energy price cap this week, which will see electricity bills for millions of Britons rise considerably. The price cap, aimed to protect households from excessively high bills by capping the price increases that providers can pass on to them, normally gets adjusted twice a year. In April this year, the cap was raised by...

U.S. natural gas prices have skyrocketed nearly 150% this year while inventory levels have shrunk, signaling more consumer pain ahead of the summer season.The Henry Hub natural gas spot price, an indicator of nationwide prices, stormed past $9.30 per million British thermal units (MMBtu) Thursday, up from its early January price of $3.74 per MMBtu and the highest level since 2008, according to government data.U.S. natural gas inventories have been drained in recent months, declining 17.6% year-over-year and down 15.3% relative to their 2017-2021 average, additional data released Thursday showed.“There’s almost no ceiling for natural gas,” Kent Bayazitoglu, an energy...

Premier Jean Castex this week said that natural gas prices will be kept down through all of 2022 if needed. Several months of natural gas price rises in France as well as across all of Europe threaten the winter supply of heat for many as well as creating a potential for social unrest. For the French government the need to keep prices down linked to the April 2022 Presidential Election. Starting next Friday in France self-testing will no longer be valid for a vaccine passport. People will have to start paying for regular tests in France to get their pass...

This week a dramatic rise in natural gas prices in France. For those who heat their homes with natural gas its 14.3 percent effective Friday. There have been a series of gas hikes through the summer months and into September. Fears in government of reignition of the Yellow Vests movement linked to gasoline at the pump prices that sharply rose almost three years ago along with other energy prices. The hikes rolled back by the government in the face of early Yellow Vests protests... In politics the continuing hype of Eric Zemmour which takes Marine Le Pen down in polls...

The critical natural gas transit country, Ukraine, reached a supply agreement in the last week of September with the EU’s largest fuel supply partner: Russia. One could argue that this agreement could actually have come too late. Natural gas supply to Europe heading into winter 2015 seems more secure than ever before, a sharp contrast to the icy winters of 2006 and 2009, in which Russia cut off natural gas supply to Eastern Europe over a conflict with the Ukraine. The following factors have turned the European natural gas market from a ‘’beggars can’t be choosers” into a true “buyers’...

TOWANDA - Low natural gas prices are resulting in some changes at Chesapeake Energy. This week, The New York Times News Service reported that Chesapeake Energy announced that it would cut gas production "in response to plummeting prices." In a news release, Brian Grove, Senior Director - Corporate Development for Chesapeake based in Chesapeake's Towanda office, explained the effects locally. He said that "in response to natural gas prices that are at their lowest in a decade, Chesapeake is redeploying some of its rigs from areas with dry gas to expand production in liquids-rich areas, which are delivering superior economic...

HOUSTON (AP) - A fired Dynegy Inc. trader has been indicted on federal charges of wire fraud and reporting false trade information that could have influenced the price of natural gas. Michelle Marie Valencia, 32, was arrested Monday morning at her Houston home. She pleaded innocent before U.S. Magistrate Judge Calvin Botley, who set her bond at $100,000. She surrendered her passport and trial tentatively was set for March 10. The indictment, unsealed Monday, alleged Valencia reported 43 fake natural gas trades on three occasions from November 2000 to February 2001 to an industry newsletter, "Inside FERC Gas Market Report."...

<p>WASHINGTON — Natural gas prices are climbing quickly, shocking millions of homeowners across the country as they open their winter energy bills.</p> <p>Futures prices for natural gas are up more than 130% from last year and are the highest since April 2001.</p>