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Expensive energy now stops factories and lands planes

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Expensive energy now stops factories and lands planes

ServiceAfter the oil and gas records

Between war, sanctions and protectionism, the supply of fuel is decreasing, but the record increases are beginning to discourage consumption and what is called the destruction of demand. And it begins to bring prices down

by Sissi Bellomo

Expensive energy has become such a heavy burden that it discourages consumption. After the dizzying increases that have pushed the price of gas to historic highs in Europe and oil to touch 140 dollars a barrel, close to the 2008 record, the signs of what analysts call the destruction of demand are multiplying: many factories are are stopping, especially in the Old Continent, in energy-intensive sectors such as the production of fertilizers, paper and metals, while beyond …

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