Why are gas prices so high 2022

Prices for natural gas in the United States have skyrocketed in recent years, causing an increase in the cost of living.

Gas prices have risen by more than 50% since 2017, and they are expected to continue rising throughout 2022. The price of natural gas is set by a number of factors, including the cost of extraction and transportation, as well as any governmental regulations. As demand for natural gas increases worldwide, so does its price. Additionally, many countries around the world are switching from coal to natural gas as a source of energy.

The demand for natural gas has been increasing at a rapid rate over the past few years. Natural gas is an abundant resource that is used to heat homes and businesses around the world. However, it can be difficult to transport due to its low density and weight compared to other fuels like oil or coal.

As a result of these factors, prices for natural gas have been steadily increasing since 2017. The price per thousand cubic feet (MCF) has risen from $2.50 in January 2017 to $4.60 in January 2022.