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Mild autumn weather has sent European gas prices plummeting
source link: https://www.economist.com/graphic-detail/2022/11/03/mild-autumn-weather-has-sent-european-gas-prices-plummeting
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Nov 3rd 2022
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 (see Finance & economics section), it does make calamity less likely.
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