New England grapples with sky-high electricity rates as Ukraine war squeezes gas supply ...Middle East

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New Englanders are contending with some of the highest electricity rates in the country this winter as they weather the transatlantic ripple effects of a global gas crunch. Residents of New England’s six states have thus far enjoyed a relatively mild winter without rolling blackouts. But skyrocketing rates — fueled by natural gas price surges and the war in Ukraine — are taking a toll on a region accustomed to cranking up the heat. “Natural gas prices have not been this high in New England since 2008 — before the fracking revolution, mortgage crisis and Great Recession caused energy prices to crash,” Tanya Bodell, an energy adviser and partner at consulting firm StoneTurn, told The

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