Guessing ESB, Bord Gáis and all their little friend will still keep milking this over the winter right? 🤔
Can anything be said for another price increase!?
It’s going to shoot back up once storage starts being used again
The thing is, that’s today’s price. Right now, Europe has a glut of gas. There are LNG tankers hanging around unable to unload, because terminal capacity is limited and storage is almost full.
However, contracts for December – March are still very high.
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Guessing ESB, Bord Gáis and all their little friend will still keep milking this over the winter right? 🤔
Can anything be said for another price increase!?
It’s going to shoot back up once storage starts being used again
The thing is, that’s today’s price. Right now, Europe has a glut of gas. There are LNG tankers hanging around unable to unload, because terminal capacity is limited and storage is almost full.
However, contracts for December – March are still very high.
https://www.theice.com/products/27996665/Dutch-TTF-Gas-Futures/data?marketId=5439161&span=3
So winter gas prices are expected to stay very high.