4 EU Countries Propose ‘Dynamic’ Gas Price Corridor

Four European Union member states are seeking to temper soaring energy prices and inflation with what they are calling a “dynamic” gas price corridor–a proposal released on Wednesday and expected to be discussed by EU country leaders today and tomorrow in Prague.  The initial draft proposal for a dynamic gas price corridor was drawn up by Poland, Italy, Belgium and Greece and would be applied to all wholesale natural gas transactions “not limited to import from specific jurisdictions and not limited to specific use…