Europe’s Gas Price Cap: A Lifeline or a Ticking Time Bomb for the UK?

The European Commission is once again flirting with the idea of a temporary gas price cap—a move that would, in theory, shield its industries from soaring energy costs and level the playing field against the U.S. But history tells us that price caps in energy markets rarely end well, and for the UK, the ripple effects could be profound.

Let’s break it down.