Gas prices in Europe are plummeting amid unseasonably warm weather across Europe and as storage fills up to capacity. This has no doubt prompted a sigh of relief in government circles, but celebrating a mild winter in October would be premature. Reuters’ John Kemp noted in a recent column that complacency is the last thing European leaders want to be right now, even as gas prices drop and inventories rise to near-record levels. Kemp recalled that in Germany, heating season started earlier than usual this year, amid a colder than usual September,…
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