Re opening the Rough gas storage facility for this winter seems rather unlikely given the safety and regulatory concerns. And even if it was achieved, this might not help much. From where is the gas to fill it going to come ?
Filling storage with gas to todays high prices, does in effect "lock in" these high prices when the gas is withdrawn from storage.
The whole point of storage is to fill it when prices are low and to withdraw it when prices are high.
Re opening the Rough gas storage facility for this winter seems rather unlikely given the safety and regulatory concerns. And even if it was achieved, this might not help much. From where is the gas to fill it going to come ?
Filling storage with gas to todays high prices, does in effect "lock in" these high prices when the gas is withdrawn from storage.
The whole point of storage is to fill it when prices are low and to withdraw it when prices are high.
