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"The tug of war between Europe and the biggest buyers in North Asia caused the price of LNG to soar, and contributed to a quadrupling of European benchmark gas
by d0mine 4y ago
"The tug of war between Europe and the biggest buyers in North Asia caused the price of LNG to soar, and contributed to a quadrupling of European benchmark gas prices between the start of 2022 and late August."
x4 price increase!
https://www.washingtonpost.com/business/energy/what-lng-can-and-cant-do-to-replace-europes-imports-of-russian-gas/2022/08/26/b21d8a56-2536-11ed-a72f-1e7149072fbc_story.html https://www.washingtonpost.com/business/energy/what-lng-can-...
Though the increase in military spendings may eclipse that.