European Energy Woes
... a change of pricing mechanisms in Europe, alongside the reasons of recession and bankruptcies, which all in turn undermined Gazprom. An analogues situation is starting to occur in Asia, with certain contracts already signed with pegs to the Henry Hub ... ... exaggeration in regards to this matter. However, undoubtedly, the US environmental legislation is much more lax than the one in Europe, but this has always been the case, for one of the reasons being population density as USA is much bigger and less populated. Special Thanks to Dr. Tatiana Mitrova for this Discussion. Igor Ossipov M.A. University of Kent & Higher School of Economics, Oil/Diesel Broker and RIAC Blogger....