This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.

German Toro Ghio's picture
CEO, Germán & Co

Germán José Manuel Toro Ghio, son of Germán Alfonso and Jenny Isabel Cristina, became a citizen of planet Earth in the cold dawn of Sunday, May 11, 1958, in Santiago, capital of southern Chile....

  • Member since 2022
  • 74 items added with 17,781 views
  • Dec 20, 2022

Why German Economy Minister Robert Habeck is so afraid about the new price cap?

However, Germany was not the only country to put up a fight. Market disruption, fuel volatility, and unintended consequences were concerns shared by The Hague, Vienna, and Copenhagen. They were worried that if gas prices were lowered artificially, it would lead to more consumption from companies and consumers and a reduction in exports from suppliers, threatening EU supply security.

German Economy Minister Robert Habeck remarked upon his arrival in Brussels on Monday, "We have to be extremely careful that the remedy is not worse than the illness."


No discussions yet. Start a discussion below.

German Toro Ghio's picture
Thank German for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »