Snowfall has hit many European countries and natural gas prices have soared. What other problems will residents face?

European natural gas prices are high. Russia's supply of more natural gas to the European market will definitely help stabilize prices. However, European countries have chosen not to do so. They can only blame their own improper policies. Natural gas prices in Europe have risen sharply. Industry insiders are worried that if the natural gas shortage situation is not improved, the UK's winter energy supply will face severe challenges. Politicians and industry experts in the United States and some European countries have repeatedly accused Russia of deliberately not delivering natural gas to Europe in order to put pressure on the situation in Ukraine and some European countries' delays in the certification of "Nord Stream-2".

European natural gas, carbon and electricity prices have hit record highs many times. This week, European benchmark natural gas prices continue to rise, equivalent to an oil price of US$230 per barrel. Everyone must have an objective and rational view of this. Because under the current special environment, affected by the epidemic, increased personnel demand, and changes in the adjustment of the entire energy structure, the combination of multiple reasons ultimately led to a substantial increase in the entire natural gas price.

According to data from the Intercontinental Exchange in London, European natural gas prices soared 79% to 354 euros/MW, rising above 300 euros for the first time in history. Since the outbreak of the European energy crisis, European natural gas prices have skyrocketed, and now they have once again broken history and reached the highest level. When the price of natural gas in Europe soared, although there was a pension, there was a fixed amount of money spent on each thing every month. The increase in natural gas costs meant that the money spent on other things had to be cut. The quality of life plummeted and I couldn't be happy at all.

In spring and summer, the price of natural gas will fall to a certain extent. This has almost become an objective law of the capital market. Under the influence of this severe cold situation, the demand for natural gas It must be rising further, and this expected change in demand will further push up the price of the entire natural gas market.