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Simple reason for that: gas storage facilities are nearly full all over Europe, and because of the warm weather and general frugality they aren't emptied. If yo
by hef19898 4y ago
Simple reason for that: gas storage facilities are nearly full all over Europe, and because of the warm weather and general frugality they aren't emptied. If you can burn gas right now, and you can use enough of it to to be able to buy on the spot market, you could have a field day. Could, because even if all the above applies, there might be long-term hedging contracts in place that have been signed already limiting your flexibility.