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Fossil fuel prices in Europe are actually back to pre-war levels. (Nevertheless, inflation is still rather high but that seems unrelated to energy now.)
by codethief 3y ago
Fossil fuel prices in Europe are actually back to pre-war levels. (Nevertheless, inflation is still rather high but that seems unrelated to energy now.)
- ffgjgf1 3y agoThere were already quite inflated for at least half a year or so prior to the war.
- The_Colonel 3y agoThe price now is the same as 2 years ago, before the big price hike: https://tradingeconomics.com/commodity/eu-natural-gas https://tradingeconomics.com/commodity/eu-natural-gas The prices will likely jump again in the fall/winter (but likely nowhere near to the 2022 winter).
- fy20 3y agoWhy is the gas price still €2.40 per cubic meter where I live then? That's nearly 10x what it was two years ago.
- The_Colonel 3y agoDepends, maybe you have a long term fix price contract. Energy providers are slow to lower the prices, because they have long term contracts (to be fair, they were often slow to increase the prices as well - I got my first increase literally a month ago).