considered more cost effective than the expenses to build the Under water pipeline which was estimated to have cost 12.4 billion dollars. Locking in high natural gas prices with long-term contracts, German consumers will ultimately face higher utility bills as a result. Disputes between Ukraine and Gazprom, a Russian Utility Company, have led to Russia looking for alternative ways to ship its Natural Gas to Europe. The Underwater Pipeline was said by Russian Prime Minister Vladimir Putin, to provide more energy security for both Russia and Germany, since it was less likely a political dispute between nations would lead to a disruption of supplies as was the case at times between Ukraine and Russia in recent years.
Gaining Exposure to Natural Gas
Exchange Traded Fund (ETF). These investment securities track an underlying index or commodity, and the ETF Shares trade on an Exchange just like the Shares of a company. Investors can purchase these shares through a traditional brokerage account such as Scottrade or Etrade Financial. To learn more about the ETF for Natural Gas, I linked to a page on my website Investing for Beginners where more detail is provided, including live updating charts for the ETF itself.