# Why Natural Gas Prices in Europe Are Plunging  - The New York Times

> European natural gas prices fell that week to more than 70% below their August record high. Europe now has enough gas for the near term, which is the main reason for the plunge.

- Date: 2022-10-25 · published 2022-10-25T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/39301-why-natural-gas-prices-in-europe-are-plunging-the-new-york-times
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower European gas costs ease pressure on nitrogen fertilizer production and on energy-linked feed costs. The price drop reduces the cost-push risk for feed ingredients.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- nytimes.com: https://www.nytimes.com/2022/10/25/business/europe-gas-prices-winter.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.