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External Dependence Forces the Eu to Pay More for Gas in a Strained Market
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The conflict in the Persian Gulf has increased natural gas worldwide, but much more so in the European market than in the US, a difference that, according to experts, responds to the self-sufficiency of the US, thanks to the ‘fracking’ (hydraulic fracture), and the dependence of the European Union (EU), which must be supplied in a stressed global market. It reached 72 dollars this week The gas reached 72 dollars per megawatt hour on Thursday aft…
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