Home → News → Non-renewable Energy → Gas Prices Fell by 7% with Expectations of a Decrease in Temperature
Natural gas prices decreased by more than 7%, which is the most compared to the last two months in the United States of America.
The main reason behind the decline in natural gas prices is the climate forecast of a relative drop in temperatures during the next two weeks, which led to a decrease in demand for American gas and thus a decrease in the prices of gas futures contracts.
On the other hand, gas prices decreased due to the increase in US natural gas reserves at this time by 18% compared to the same time in previous years.
The agency is interested in studies of energy security, and its political and geopolitical effects, as well as the effects of energy security on stability in the system and international peace.