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Frigid Temps and Soaring Demand Cause Natural Gas Shortage in the US
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Overview
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Freezing temperatures and record gas demand in the US lead to a 11-month low in natural gas output, while Texas faces possible power shortages. The situation results in record-high power prices in Oregon.
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How will the low natural gas output impact the energy market in the US?
What are the long-term implications of the record-high power prices in Oregon?
What measures are being taken to address the potential power shortages in Texas?
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