{"id":1994,"date":"2022-04-15T07:31:19","date_gmt":"2022-04-15T12:31:19","guid":{"rendered":"https:\/\/www.georgiagassavings.com\/blog\/?p=1994"},"modified":"2022-06-27T16:36:36","modified_gmt":"2022-06-27T21:36:36","slug":"is-russia-raising-my-natural-gas-prices","status":"publish","type":"post","link":"https:\/\/www.georgiagassavings.com\/blog\/is-russia-raising-my-natural-gas-prices\/","title":{"rendered":"Is Russia Raising My Natural Gas Prices?"},"content":{"rendered":"\n

Can I Blame Russia For High Energy Bills?<\/h2>\n\n\n\n
\"Russia
No, Russian isn’t raising your natural gas prices. But there are several moving pieces in the the natural gas market that are affecting rates. Find out what’s going on and how you might be able to save.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Let\u2019s go ahead and knock this one on its head. No! Russia has not set out to ruin your home energy bills by raising natural gas prices. And that\u2019s for the best, really. Whilst it\u2019s true that the situation in Ukraine has spiked energy costs across Europe<\/a>, the increase in power prices and rates has been relatively modest this side of the pond. Let\u2019s compare Atlanta, US, and EU energy trends. Then we’ll take a look at why things in Europe have gotten quite so steep. Then, of course, we’ll see what you can do about it. <\/p>\n\n\n\n

Are Suppliers Raising Their Natural Gas Prices?<\/h3>\n\n\n\n

To start with, let\u2019s consider how we haven\u2019t seen radical price spikes from Atlanta providers over recent months. XOOM\u2019s<\/a><\/strong> rates, for example, are increasing slowly –  apart from a mild spike around November \u201821. The same thing with Scana<\/a> <\/strong>– except their rates in fact dipped a little around March. And Georgia Natural Gas\u00ae<\/a><\/strong> prices are only just back to their October levels, after having decreased substantially over winter. This squares with the more general Henry Hub<\/a> spot prices from recent months. <\/p>\n\n\n\n

The Netherlands\u2019 Title Transfer Facility<\/a> (TFF) records, however, show a rockier ride for the Europeans. October, December, and March each saw price spikes more dramatic than the last. That March spike, exacerbated by the escalating conflict in Ukraine, was particularly unprecedented. Whilst the Henry Hub spot prices echo a little of the TTF\u2019s whiplash period over recent months, it\u2019s not half as dramatic over here. For now, at least.<\/p>\n\n\n\n

What is Raising Natural Gas Prices?<\/h3>\n\n\n\n

But why has Europe been having such a breakneck time over recent months? Predictably, it\u2019s a number of factors. Concerns about low winter inventory<\/a> drove up prices around late fall. Many countries in Europe burn natural gas to generate electricity. So, European gas prices were on the up in early winter anyway thanks to reactor closures<\/a> and strike action<\/a> at some of France\u2019s nuclear plants. Then when winter itself hit, we got cold snaps and gloomy winter weather running down an already depleted supply. So whilst the situation in Ukraine has dealt the hardest blow to the TTF over recent months, European natural gas prices had already been taking a bit of a pummeling.<\/p>\n\n\n\n

What Does This Mean for My Natural Gas Bill?<\/h3>\n\n\n\n

But what does all this mean for you, Atlanta shopper? Well, whilst we\u2019ve been saying that the US has been relatively insulated from European price spikes, that\u2019s no reason to get complacent. In fact, summer prices are looking highly unpredictable this year. So, you should be looking around for an energy plan now, whilst things are looking relatively stable. Not sure where to start? Take a look at these bargain 12 month fixed rate plans<\/a>!<\/p>\n\n\n\n

Protect Yourself from Gas Price Spikes Today!<\/strong><\/h3>\n\n\n\n

Yes, natural gas prices have been on the up recently. Weather, supplies, labor conditions, and a myriad other details alongside the conflict in Ukraine have made for a rocky season. But the good news is, you can shield yourself against the summer uncertainty by locking in a bargain, fixed rate plan today. So, is Russia raising my natural gas prices? Absolutely not – but you should be doing all you can to keep them low by shopping with www.georgiagasavings.com<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Can I Blame Russia For High Energy Bills? Let\u2019s go ahead and […]<\/p>\n","protected":false},"author":11,"featured_media":2006,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[153,161,103,160,152,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1994"}],"collection":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/comments?post=1994"}],"version-history":[{"count":7,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1994\/revisions"}],"predecessor-version":[{"id":2209,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1994\/revisions\/2209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media\/2006"}],"wp:attachment":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media?parent=1994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/categories?post=1994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/tags?post=1994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}