High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year | OilPrice.com

The Journal’s Jinjoo Lee noted in a recent report that natural gas could “really use an OPEC-style, coordinated production ramp-up right now.” While U.S. natural gas prices were double those a year ago, the increase in Asia and Europe was even larger, at four times for Asia and five times for Europe, which is already suffering the consequences of gas shortages, with electricity prices spiking, prompting protests in parts of the EU.

High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year | OilPrice.com