At the time of writing (August 2022), gas prices are much, much higher than they have been in recent years. There are a few reasons for this, but it all essentially comes back to the global supply chain.  Some factors hitting gas supplies include:  The war in Ukraine that has reduced the availability of Russian gas  A cold winter last year in Europe that put pressure on supplies A relatively windless summer in 2021, which made it difficult to replenish gas supplies  Increased demand for resources as countries recovered from Covid-19 lockdowns Increased demand for natural gas from elsewhere in the world, in particular China