Скачать или смотреть THIS is The Reason Why Gas Prices Are High

Recently, energy prices have been raising all over the world. Especially, in America, gas prices have reached record-high levels of $4.7 per gallon on the national average but paradoxically crude oil prices on the global markets are not high. In Europe, it’s a catastrophe almost because not just fuel but the price of natural gas has gone through the roof. The price of natural gas in Europe hit an all-time high on March 7, briefly touching 345 euros per megawatt-hour. That’s equivalent in energy to prices of $600 of oil per barrel. Before the last 12 months – when the European gas market was rocked first by a compounding series of market trends and mishaps, and now by Russia’s invasion of Ukraine – the prices had stayed roughly in the range of 15-25 euros per megawatt-hour for a decade. Energy is becoming inaccessible and expensive. So in this video, we will talk about why gas prices are high despite crude oil prices per barrel being low, and are we running out of oil and gas, and what happens if we do?

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