Cold Weather and Supply Concerns Drive Natural Gas Prices Higher
European natural gas prices jumped to two-year highs Monday, as higher fuel demand due to colder temperatures risks draining already low inventories.
The benchmark front-month gas contract at the Dutch TTF hub rose as much as 5.4% to €58.75/MWh, the highest level since February 2023, after contracts already posted four consecutive weeks of gains.
Low rates of gas storage in Britain combined with cold weather, have increased demand for gas to heat homes.
Rich in resources, but Australia's energy costs have tripled and manufacturers are hurting
The energy regulator says wholesale gas prices have tripled over the past decade and manufacturers want government action to bring them down.
The high cost of our energy crisis - RNZ
The electricity crisis is due in part to the gas crunch, with supplies running out sooner and faster than expected. Gas is responsible for 10 percent of New Zealand's power supply.
Enormous Ocean of Oil and Gas Found on the Moon! (cnnbbc headline)
Let me set the stage for this satire. ‘AI’ has been deployed and it has utilized its 0 IQ genius to determine that there is a Pacific Ocean-sized pool of oil and gas just below the surface of the moon.
Now make-believe that man could safely pass through the Van Allen Belts, land on the moon and install oil derricks to extract the oil and gas. Let’s pretend that we could build a pipeline to Earth and supply enough oil and gas to power the planet for one thousand years.
Should we celebrate? If not, why not?
They were going to send all the people from Gaza there until they found out about the oil & gas reserves, they just can't win.
"Ocean of Oil and Gas found on the Moon: This is a test of your intelligence"
Before even reading Eddy, I gotta say this made laugh uncontrollably. I'm just glad i wasn't drinking or eating anything when it happened.