WE’RE NOT FAR BEHIND. THIS WINTER WILL BE BAD: Germany’s “Tenfold Increase in Gas and Electricity Prices” Is Driving Out Industry.

What leaves once, will not come again. While energy prices in Europe are going through the roof, they remain moderate in the USA. This will have serious consequences for energy-intensive industries.

The Wall Street Journal (paid article) is already rubbing its hands together for the US economy. It is twice beneficial: high prices for LNG exports and new jobs in the future. It’s Win/Win – Lose. One of the losers for Germany is Areclor-Mittal. Now they are turning down the first blast furnace. Here, too, the USA is profiting. The FAZ reports:

We are primarily funded by readers. Please subscribe and donate to support us!

wattsupwiththat.com/2022/09/24/germanys-tenfold-increase-in-gas-and-electricity-prices-is-driving-out-industry/

h/t 

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.