Europe is experiencing the lowest level of gas in storage in a decade just ahead of the winter sent natural gas prices spiking to record highs last month The very tight European gas market may find relief from the supply crunch if it taps part of the so-called cushion gas. Increased Russian flows to Europe would be an easier way to meet winter demand in a cold winter without stretching thin working gas volumes to zero. Europe could have a way out of a natural gas shortage if the winter is colder than usual. The very tight European gas market may find relief from the supply crunch if it taps part of the so-called cushion gas, which keeps supply pressure at storage facilities, energy consultancy Wood Mackenzie said this week. Tapping this cushion gas, however, may not be easy because of technical issues and regulations. Under normal circumstances, cushion […]