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5min chapter
Martin Wolf: The FT's Chief Economics Commentator's Global Outlook
Economics Matters with Laurence Kotlikoff
Rising Gas Prices and Energy Crisis in the UK
Exploring the sharp increase in gas prices in the UK compared to other regions like the US, the chapter delves into the reasons behind this surge and its implications on household electricity costs and economic stability. It discusses the UK's heavy reliance on gas imports due to declining North Sea production, the challenges of gas transportation, and future prospects for energy independence.
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