The “winter season” starts with a warm November, according to DMI (Danish Meteorological Institute) and it will continue with a December with temperatures above zero. This means that the consumption of gas will be lower than expected. Also, Europe’s gas reserves are full, and dozens of gas tanker ships are waiting on the coasts to replace any gas used from the reserves. The gas price reached a negative level where the seller pays the buyer to take it. However, you as the final customer will only feel a 20% reduction in price, as the gas stored already has been bought at a much higher price than it is today.
