Natural-gas prices have more than doubled this year

On Sep 19, the Wall Street Journal published an article and video that addresses recent energy market increases. The gist of the article is:

“Natural-gas prices have more than doubled this year because of a global supply shortage made worse by the war in Ukraine, and they are expected to remain elevated for months as fuel is needed to light and heat homes during the winter. . . .

“Electricity prices have surged in many parts of the country alongside natural-gas prices as exporters ship record amounts of the fuel abroad because of supply shortages in Europe, which is working to slash its reliance on Russian supplies. Natural-gas producers, hamstrung by pipeline constraints and investors pushing for austerity, haven’t increased production enough to alleviate the pressure. . . . “

The article and video are posted at https://www.wsj.com/articles/electric-bills-soar-across-the-country-as-winter-looms-11663493404?st=gz9i8ojl5ij8dg2&reflink=desktopwebshare_permalink

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