Natural Gas Prices Reach Two-Year Highs As Geopolitical Tensions Rise

Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. This surge has significant implications for consumers, industries, and energy markets worldwide. Severe Weather is Driving Demand Higher Arctic conditions across North America and Europe have dramatically increased heating demand, leading to higher natural gas consumption. Extreme cold has also triggered production challenges, such as “freeze-offs,”…