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And? Europe consumes more gas then it produces and thus it has no real control over the price of it.
by doikor 4y ago
And? Europe consumes more gas then it produces and thus it has no real control over the price of it.
- _ph_ 4y agoSure, but the current gas price on the international markets comes from demand exceeding available production. If Europe would half its gas usage, the price would plummet. It is already going down as gas supply is stabilizing despite Russia no longer providing gas to Europe.