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Global Natural Gas Crunch Roils Consumers and Industry

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Much of the world is suddenly worried about running short of natural gas, and the impact is being felt in surging utility bills, shuttered factories and a rising desperation as winter approaches.Across Asia, Europe and Latin America, consumers still reeling from the pandemic are finding energy costs soaring, driven higher by natural gas prices that have increased fourfold in some regions in recent months, hitting record highs this week. Makers of chemicals, steel, ceramics and other goods that require large amounts of energy are seeing their bottom lines squeezed and, in some cases, suspending operations.In South Korea, electric …

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