U.S. natural gas prices do have more room to rise, but they are unlikely to follow the skyrocketing rallies of the European and UK gas prices. The United States has a fairly adequate natural gas supply in storage ahead of the winter. The United States simply has not had to rely on the rest of the world to provide its energy supply, and that’s really what Europe’s problem has been. U.S. natural gas prices hit a 13-year high last week as the energy crunch in Europe and Asia pushed the prices in these two regions to the highest on record. And depending on winter weather, U.S. natural gas prices do have more room to rise. But they are unlikely to follow the skyrocketing rallies of the European and UK gas prices and the price of spot liquefied natural gas (LNG) in Asia, analysts say. Although the regional natural gas […]

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