Why gas prices are soaring – no end in sight

Homeowners and businesses across the country have seen gas prices run wild.

turbulence It doesn’t settle down quickly.

Natural gas prices were the most volatile on record last year, driving up the cost of heating homes, generating electricity and manufacturing economic components such as fertilizer and steel. 2022 Prices from Unseasonal Lows shale era high and back again. The benchmark gas futures contract, which determines how much millions of Americans pay for heat and electricity, fluctuated at least 7% over 44 days last year. This is the highest since at least the early 1990s, when the gas market was deregulated and the modern trading era began.

https://www.wsj.com/articles/natural-gas-prices-energy-bills-ea3ea9da?mod=pls_whats_news_us_business_f Why gas prices are soaring – no end in sight