Natural Gas Prices are exploding in Europe and the UK. China is having blackouts because of the high price of coal. The US is almost at full capacity with their exports of LNG. Even Brazil is helping raise the price of LNG since a drought has limited their hydropower generation of electricity. I explain the causes of the energy crisis we are experiencing all over the world. What are some of the causes of energy price increases and will energy prices rise even more going into the winter? Already it looks like natural gas prices in Europe may come down after Russia offered to help with their Nord Stream 2 pipeline.
Will energy stocks continue to rise into the winter or have they peaked?
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