Why Is Natural Gas So Expensive Now?

The video discusses the significant rise in utility gas prices in the US and Europe, driven by supply and demand dynamics. It highlights the role of technology and fracking in increasing natural gas supply and the impact of geopolitical events, such as the war in Ukraine, on gas prices. The video concludes with predictions for future gas prices, suggesting potential decreases due to expected supply increases and export reductions.

Explain the process of fracking and its impact on natural gas supply.

What are the implications of the recent explosions on natural gas pipelines in the Baltic Sea?