The profit margin’s of the energy companies are more important than the economy. Take UK with only 8% Russian imports, but prices have somehow doubled. Same story in the EU
They doubled as the UK is part of the wider market, so subject to market forces due to the way it is structured... In this situation, green energy producers are also getting a significant boost as their energy is very low marginal cost of production and commands the same rate as fossil fuels. Hopefully that is at least some silver lining... Maybe we could tax the fossil fuel companies and support the UK taxpayers rather than laying down more debt in the form of taxpayer loans.