Natural gas prices are spiking again. Here’s why ...Egypt

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London CNN  —  Natural gas prices have spiked again this week, just as Europe prepares for the heating season. The price of Dutch natural gas, the European benchmark, has jumped 24 percent to €40 ($44) per megawatt hour since Tuesday on news of potential industrial action at liquefied natural gas (LNG) plants in Australia. US natural gas prices have climbed 18 percent so far this month. The Offshore Alliance, which represents two Australian labor unions, has taken steps toward strike action at Chevron (CVX)’s Gorgon and Wheatstone LNG sites, Brad Gandy, a spokesperson for the alliance, said in a statement. The unions’ demands include better job security and training, and higher pay. In

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