Because the output is fixed, the shortage of natural gas has spread to the whole world, and it is unlikely that Europe will greatly increase the supply of natural gas in the short term.
In recent months, European natural gas futures prices have risen more than six times year-on-year. Analysts believe that the rising futures prices at this stage show that it is necessary to reduce consumption to prevent the inventory from falling to an extremely low level and reduce the risk of running out of fuel supply this winter. This means that the most price-sensitive consumers will have to reduce the use of natural gas and electricity significantly first.
Theoretically speaking, as long as the thermostats in homes, offices, schools and factories are lowered by 0.5- 1.0 degrees this winter, it will not only have little impact on comfort, but also save huge fuel costs and solve this crisis.