Why are natural gas prices so high? | CNBC Explains

Millions of households in Europe could be facing high gas bills this winter as the price of natural gas skyrockets across the continent.
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[abeelvago]

Also: let's shut down nuclear power plants, that way we'll become even more dependent on gas... OH! Wait!

[peterkogl]

You are conveniently ignoring American intervention!!!

[cxbkpmf]

A better title:
"Europe Shoots Self in Foot, Looks for Scapegoat"

[haeveen]

Europe : Let’s shutdown Natural Gas Exploration and Nuclear PP then blame Russia.

[InderjitSingh]

Germany should have kept their nuclear power

[arthursaar]

why did you forget about American gas? they promised to deliver it to Europe, but they sent it to China.

[tkirchmann]

Nuclear is probably looking pretty good right about now. Maybe we should have listened to the experts. 🤷

[DavidBoentoro]

When you feel like the most environmentally righteous but winter is coming... and you still need that good ol fossil fuels to heat your butts 🤣🤣

[sonyabusby]

Stop the leases, stop the pipe lines, stop burning anything that keeps you warm. What, prices going up?

[fynflorentine]

Wind energy went from 30% down to 7%
What a fuckinglaugh

[RB-xqqh]

Russia isn’t limiting gas. They’re also supplying Turkey and parts of Asia with gas. Imagining if all your neighbours shut down their gas supplies and you’re left to supply them.

[winArct]

Crap. What kind of analyst he is? He is just blindly blaming Russia. For what? For "failing" to deliver more gas than was contracted!! And he accused, the reason Russia did it because they are trying to pressure EU.

I thought EU believe in a free market? Why don't they ask the US for a help then? They are also a large gas producer, aren't they?

This video is just a crap. Providing no analysis, only victim blaming.

[algamingunboxing]

The want green deal, here we go, don't complaing now pay the price.

[paulwright]

So who has asked for increased Russian gas supplies and been refused?

[bigbillyz]

Yeah and didn't Joe say no to that big pipeline..

[louis]

You burned nuclear and now you here crying for us... Are you a joke

[MrEddie]

Why don't you mention that Russia is fulfilling all its contracts?

[a.gabbey]

Villifying Russia, whereas the EU won't honour the contracts with Russia. And imagine complaining that Russia is leveraging it's gas so NordStream2 could be approved. Anyway, winter is coming.

[jaybee]

Nigeria have huge Natural gas reserves but we are not using It. Most of our gas gets flared away, but now we would use it for generating electricity and sell some to Europe and Asia.

[pradeepmagan]

The mistake was relying on wind etc rather than coal/gas & nuclear power stations - these can't be switched off until you can 200% green as a backup