- The current energy crisis cannot be left to the roiled market to sort itself out and will need smart government intervention by taxing the wealthier to shield the most vulnerable consumers.
- At the London forum today, Shell’s van Beurden expressed doubts that oil and/or natural gas price caps would work and incentivize large LNG traders such as Shell itself to deliver more gas to customers.
- A price cap on gas would be even more challenging.
Shell CEO Calls For Higher Taxes To Protect Consumers
