Johnson Calls Gas Price Surge ‘Temporary’ U.K. Problem

  • Premier blames turbulence on resurgence of world economy
  • Johnson denies supply chain problems could take months to fix
Photographer: Hollie Adams/Bloomberg
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U.K. Prime Minister Boris Johnson said the unprecedented surge in natural gas prices is a “temporary” problem caused by the global economy bouncing back after the pandemic, arguing a “phenomenal demand for gas” in Asia has affected U.K. supplies.

“I want to give a general reassurance that the problems we’re seeing are temporary,” Johnson told reporters traveling with him to the U.S. “They are caused by the resurgence of the global economy as Covid starts to retreat in parts of the world.”

He said he is “very confident” in the U.K.’s supply chains and will work with gas companies to ensure the consumer’s needs are met.