Europe now has so much natural gas that prices just dipped below zero
I really don't understand the doom and gloom wrt next year. What was obviously completely underestimated was the elasticity of consumer demand for gas. In Germany, consumers are using 25% less gas even if you account for the weather.<p>So with increased supply from Netherlands and Norway, even a limited amount of LNG will probably be enough to fill the storage again and compensate the missing Russian gas (which accounted for about 40% of the German gas supply.<p>We, too, have not switched on the gas based heating yet. Instead, we are using a mix of wood and infrared electrical heaters to keep the rooms at a bearable (albeit not overly comfortable) 19 degrees celsius.