Kyiv Post. Yekhanurov: Ukraine will try to hold gas prices steady for the public: "Ukraine will try to hold gas prices steady for residents in this former Soviet republic even though the government is now paying almost twice as much under a complicated deal with Russia, the prime minister said Friday."
Good for the short term but not the long.
"Some experts have suggested that Ukrainian industry could survive on prices of $110, adding that it would force the energy-inefficient chemical and steel industries to adopt new technologies."
I tend to agree that a free market is stronger in the long run. Pray for wisdom for Ukraine's leaders.
Tuesday, January 10, 2006
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