The European Union is considering options to cap gas prices, as a growing number of countries pressure Brussels to put a lid on sky-high fuel costs. France, Italy, Poland and 12 other countries wrote to the European Commission this week asking it to propose an EU-wide price cap on wholesale gas transactions to help rein in surging inflation. Other countries are opposed – among them Germany, Europe’s biggest gas buyer, and the Netherlands – and it is unclear whether there would be enough support among countries to approve any proposal. The European Commission has also raised doubts , and suggested the EU instead move ahead with more limited versions of a price cap. read more Here are the various ways Europe could cap the price of gas. PRICE CAP ON ALL […]