Mild autumn weather has sent European gas prices plummeting
For now
Ever since Russia tightened the valves on natural-gas shipments to Europe, markets have feared that the continent could suffer an energy shortage this winter. Yet western Europe now has so much gas that last month the price briefly went negative. Although the recent price crash does not offer full protection against an energy crunch, it does make calamity less likely.
This article appeared in the Graphic detail section of the print edition under the headline “The calm before the storm”
From the November 5th 2022 edition
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