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Gas Prices Expected to Skyrocket, China Will Have Cheap Fuel

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Gas Prices Expected to Skyrocket, China Will Have Cheap Fuel
A ship works offshore in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany on Nov. 11, 2018. Bernd Wuestneck/dpa via AP
Antonio Graceffo
Updated:
0:00
News Analysis
Petrol prices in the United States  and around the world have hit highs not seen since 2014. With the Russian invasion of Ukraine resulting in decertification of the Nord Stream 2 pipeline and the subsequent Western sanctions, prices are expected to climb even higher, but China will not have to pay the price.
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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