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Countries Consider Options to Manipulate Energy Markets

Countries Consider Options to Manipulate Energy Markets

By Alex Mills Politicians around the world just can’t help themselves. They can’t keep their cotton-picking hands out of trying to manipulate energy markets. Take the political leaders in Europe. For decades western European countries have relied upon Russia to supply them with oil and natural gas that was reliable and affordable. Now, that source of energy is no longer available to them because of sanctions on Russian oil and gas, and their primary source of energy has  evaporated and consumers (voters) face paying extremely high prices if they can get it at all. Oil rose as high as $130 per barrel earlier this year (current price is about $90), and natural gas escalated to $80 per million British thermal units (mmBtu) but has settled in the $35 range, currently....  
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