4 ms·
It's not subsidies, gas prices are down to pre-invasion levels. Lots of changes were implemented to reduce overall gas demand, plus all governments build up the
by dagw 3y ago
It's not subsidies, gas prices are down to pre-invasion levels. Lots of changes were implemented to reduce overall gas demand, plus all governments build up their gas reserves so to avoid local energy shocks. Countries also set up alternate sources of gas. This all combined to push down gas prices.
- teamonkey 3y agoI wouldn't say they were down to pre-invasion levels. I'm paying 2x for power what I paid 3 years ago. That is, however, much better than last year.
- dagw 3y agoTechnically they are just about down to pre-invasion levels, but not year-before-invasion levels.
- The_Colonel 3y agoYes, Russia started to reduce supply in the autumn 2021 to build leverage during invasion.