Current-Weather-9561 t1_ixc0stu wrote
Reply to comment by swap_catz in Eversource seeks 43% rate hike for electric customers in Mass this winter by madnu
We don’t depend on Russia for energy. That’s Europe.
swap_catz t1_ixcie0y wrote
True, but the LNG marketplace is dominated with a significant chunk globally by Russian supply. With that off the market, all users have to compete for remaining supply. Basic economics. Supply goes down, price must go up as especially desperate users compete to get the supply they need. Its not a direct dependence, but the market as a whole is dependent.
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