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The price of natural gas on U.S. futures markets has been falling, and we’ve been storing large amounts. That may come in handy this winter.
The country’s three largest importers of Russian natural gas have received government bailouts, and similar actions may follow in Europe.
European nations have managed to store gas, and the price has come down from historic highs.
A reported $1.5 trillion is tied up as collateral on energy markets. That’s making it hard for energy companies to operate.
A new movement aims to persuade 1 million households to refuse to pay skyrocketing bills, driven by imbalance in natural gas supplies.
Natural gas is used to manufacture ammonia, which is a key ingredient in fertilizers.
Europe’s largest economy depends on Russian gas. Vladimir Putin is using it as a political weapon.
Nearly 40% of U.S. electricity is generated by natural gas, so when millions of air conditioners are turned on, prices rise.
European leaders worry about the risk of a supply shortage in the winter, though member nations have different levels of energy security.
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.