Original title: natural gas price soars 180%! It is difficult for low-income families in the United States to survive the winter. Prices in Europe have increased by 60% in just two days! What's going on?
Natural gas prices soar it is difficult for low-income families in the United States to survive the winter
The prices of gasoline, food and other necessities in the United States have all risen in the past few months, putting pressure on family life across the country, CNN reported. The price of natural gas in the United States, a necessity for winter heating, is at its highest level in seven years, and prices are expected to continue to rise in winter.For low-income families in the United States, expensive heating has become unaffordable.Us natural gas prices have soared by more than 180 per cent in the past year alone.
In addition, US natural gas exports to other countries are also 48% higher than a year ago, indirectly resulting in a 15% decline in US natural gas reserves this year compared with last year.
The price of natural gas in Europe is a record.
In the near futureEuropean natural gas prices reached record levels, rising 60 per cent in just two days.
British natural gas prices soar to an all-time high
October 6th local timeThe price of natural gas in the UK rose 37 per cent (to 400p / Sam), an all-time high for wholesale natural gas.
Industry insiders point out that high demand for natural gas and reduced supply are the reasons for the surge in wholesale prices. Industry insiders call on the government to help companies and industries keep running.
The UK's energy-intensive user group, which represents steel, chemical and fertiliser companies, said soaring costs had halted steel production "at peak demand".
Over the past few weeks, high wholesale natural gas prices have led to the closure of a number of UK energy companies and a number of industries.