Energy Investing - EU approves mandatory energy savings and cap on company revenues (edited) - Energy Investing - InvestorVillage


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Msg  452262 of 467393  at  9/30/2022 11:53:26 PM  by

Naamkat

The following message was updated on 10/1/2022 12:41:58 AM.

 In response to msg 452253 by  Wilk
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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




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