Europe faces pricier gas this winter due to record-low stocks
Record-low gas inventories imply tighter natural gas availability and higher winter supply risk in Europe.
Source →The trace
How it reaches your house.
Starting from IGas Energy / European NGL Producers, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Natural Gas (glass furnace fuel) →Prices riseGlass production is furnace-intensive, so a sharp natural-gas price spike raises fuel costs and pushes up output prices.
94% confidenceNatural Gas (glass furnace fuel) →Prices riseDishware and tableware manufacturing is gas-intensive, so tighter gas supply feeds through to higher production costs.
91% confidenceEquinor ASA →Prices riseThe European gas-price surge directly makes Equinor's generic natural-gas input more expensive, with a 20% dependence and only moderate substitutability.
Hop 2
Natural Gas for Yankee Dryer and Steam Generation →Prices riseNatural gas is a critical energy input for Yankee drying and steam generation, so a sharp gas price surge raises production costs for paper and household products.
94% confidenceTableware & dishware →Prices riseFiring / Annealing
Tableware and dishware production relies on high-temperature firing/annealing, so a European natural-gas price spike raises the cost of this critical process step.
93% confidenceR600a Isobutane Refrigerant →Shortage riskR600a is a critical supply input for home appliances, so a price/availability shock in the refrigerant can constrain appliance production.
Hop 3
Home appliances →Prices easeIf home appliance output is constrained by costlier refrigerant, orders for this critical compressor input soften and its market price tends to ease.
56% confidenceHome appliances →Prices easeRigid Polyurethane Foam Insulation
A slowdown in appliance production reduces demand for insulation used in refrigerators and other appliances, putting downward pressure on prices.
43% confidenceHome appliances →Prices ease
Where it lands
What you buy, and what you own.
Goods you buy
Glass and windows · Tableware & dishware · Paper and household products · Home appliances
In the MyPRIA app, this is checked against your own holdings.