Governments and the Private Energy Sector: Analysis of Energy Sector and Relationship between State
Journal: Businesses
Year: 2024

A symbiotic relationship exists between the state and the energy sector that often leads to conflicting relationships between the two. The best example of this complicated relationship is between the state and free markets is the case of the United States, European Union, and Global Energy Sector. The decline in the gas import—due to sanctions placed on the Russian Federation—to Europe from Russia, along with other counties that import gas from Russia, has negatively affected the economies of Eu