As an energy crisis grows, some countries are more prepared because of renewable energy and electric vehicles. Pakistan reduced its reliance on imported natural gas because of the growth of solar.

Natural gas markets continue to show signs of hesitation, as the season for natural gas is starting to disappear. This time of year I typically only short this market.

U.S. natural gas markets moved through a volatile but relatively stable week as traders balanced fading winter demand with global supply concerns. Warmer temperatures reduced heating needs, yet geopolitical risks and steady export demand kept prices from sliding sharply.

Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.

Natural gas continues to have upwards pressure on Thursday, as the markets are trying to price in the idea of the US exporting even more gas.

European natural-gas prices surged for a second day after a production halt at the world’s largest liquefied-natural-gas export facility in Qatar rattled markets. Futures for Dutch TTF, the European natural-gas benchmark,

Disruption to LNG supplies could dent European growth and harm reindustrialization ambitions.