Natural Gas Prices Could Rise Again
Natural gas, a key source of energy for heating and electricity, has seen its prices fluctuate wildly in the past year. After a surge in demand last winter and supply chain disruptions, prices hit record highs. But in the last few months, natural gas prices have dropped by about 70 percent.
The drop in prices is due to a variety of factors, including mild weather, increased domestic production, and the easing of supply chain issues. But experts warn that prices could go back up as new LNG export terminals come online over the next few months and years.
These terminals will enable more natural gas to be exported to countries around the world, driving up demand and potentially pushing prices higher. As the world looks to transition to cleaner forms of energy, natural gas will continue to play a crucial role in the global energy mix.
Stay tuned for more updates on the ever-changing natural gas market.
https://finance.yahoo.com/news/u-energy-regulators-questioned-oversight-163751645.html
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