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Behind the Markets Podcast: Doomberg

Behind the Markets Podcast

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The European Energy Dilemma

The price of natural gas reached $100 per million BTU in Germany last year. That same molecule of natural gas trades for roughly two bucks and change in the US. Europe has plenty of natural gas, it has proactively chosen not to develop it. One of the consequences is they handed all of their energy cards to Putin who overplayed his leverage.

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