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Any European industries that would be killed by gas imports running at $6/MBtu died years ago. As recently as 2013, imported gas prices peaked over $12 and spen
by philipkglass 9y ago
Any European industries that would be killed by gas imports running at $6/MBtu died years ago. As recently as 2013, imported gas prices peaked over $12 and spent the whole year above $11:
https://ycharts.com/indicators/europe_natural_gas_price https://ycharts.com/indicators/europe_natural_gas_price
Of course no industry is going to voluntarily pay more for fuel than it must. If gas imports from the US to Europe stay around $6, there is little direct benefit at present, but it provides competition to ensure that import prices won't rise to such high levels again.