Economist warns against energy market interventionism

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Ljubljana – Retail fuel price regulation makes sense only in the short-run and in exceptional situations. In other cases it is better in the long-run if consumers pay a somewhat higher final price, economist Anže Burger from the Ljubljana Faculty of Social Sciences has told the STA as presented his take on the current energy crisis. Artificially freezing prices would seriously increase Slovenia’s indebtedness in the long term, keep consumption very high, and threaten the viability of fuel traders. Burger says an answer to higher prices is more rational consumption…

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