Description: (Bloomberg) — Russia is becoming increasingly concerned that surging gas prices risk demand-destruction in its biggest export market.

Source: Yahoo.Finance.com/Bloomberg.co

Date: Oct 20, 2021

Link: https://finance.yahoo.com/news/russia-worried-surging-gas-prices-151005123.html

Questions for discussion:

• Describe the supply and demand forces currently at play in this market.
• What do you think will happen to gas prices?
• Do you think higher prices will erode demand?
• What are the energy alternatives?