European Natural Gas supplies
All records for the price of natural gas (NG) have just been smashed, Its just passed $2000 per 1000 unit suply. The normal price in in the low hundreds of dollars. It is causing energy companies across europe to go bust in growing numbers and the price of NG to retail customers is going up very vast. its caused by a mixture of geopolitics, logistics, greed and high demand and its damaging many economies and financial markets.
It has a knock on effect as those who have coal or log burning stoves are buying much more than normal and this is also driving up prices of coal based products and kiln dried fire wood.
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