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Re: EU approves mandatory energy savings and cap on company revenues (edited)If the EU attempts to band together to pay less, China, Japan, Korea or Taiwan will simply become the marginal consumer till EU desperation creates a higher willingness to pay. So, either cargoes that would have gone to Europe are diverted (i.e.: less supply) or Europe will simply buy for the same amount as what constitutes world price. Regards, Naamkat |
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Msg # | Subject | Author | Recs | Date Posted |
452265 | Re: EU approves mandatory energy savings and cap on company revenues (edited) | c185pilot2000 | 5 | 10/1/2022 12:23:13 AM |