Record increase in gas prices in United States

GAZ prices in the USA on May 5 grew up to $ 8.653 per million British thermal units (MMBTU) – the equivalent of about $ 310 per thousand cubic meters, the trading data testify. By the time the material was written, the cost was adjusted to $ 8.28.

At the same time, to close the trading of the previous day, when the cost of futures reached $ 8.415, a long record was set. We are talking about a price twice the beginning of the beginning of the year and largely superior average data over the past 10 years – 3 dollars per mmbtu, recalls Financial Times.

Rising prices is noted against the backdrop of European attempts to reduce dependence on Russian gas against the background of a military operation in Ukraine. The need for gas from the part of enterprises lingering gas for sending abroad is increasing – both Europe and Asia are ready to pay more for imports from the United States. Since the beginning of March, daily demand on their part has increased by 17 percent compared to the same period last year, the data of Refinitiv.