The other thing that reporting hasn't mentioned is that gas prices in Europe are still significantly higher than they have ever been. That is, European natural gas prices were:
- December 2019 - US $4.6 / MMBtu
- December 2020 - US $5.9 / MMBtu
- December 2021 - US $38.03 / MMBtu
- November 2022 - US $35.72 / MMBtu
Prices got as high as US $70 / MMBtu in August
US Natural Gas Prices (NYMEX) have fallen much more significantly, but again, are significantly higher than their average over the last 10 years.
The other thing that reporting hasn't mentioned is that gas...
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