European Energy Rating This Winter Is Looking Less Likely

European Energy Rating This Winter Is Looking Less Likely

There is no end in sight for Europe’s surge in energy prices. That could be just what the continent needs to avoid the devastating effects of having to ration natural gas this winter.

This is because prices are so high—many times their level from last year—that they are forcing Europeans to save fuel and secure alternative supplies. That has resulted in rising gas reserves and a higher likelihood that the economy will shrink but not crash outright in the next six months.

.

Leave a Comment

Your email address will not be published. Required fields are marked *