The Ukraine warfare is driving up vigor costs successful Europe, portion comparatively unchangeable prices and green-energy incentives are luring companies to the U.S.

Western leaders are preparing for the anticipation that Russian earthy state flows done the cardinal Nord Stream pipeline whitethorn ne'er instrumentality to afloat levels. WSJ’s Shelby Holliday explains what an vigor situation could look similar successful Europe, and however it mightiness ripple done the world. Illustration: David Fang

Sept. 21, 2022 7:00 americium ET

AMSTERDAM—A large victor from the vigor situation successful Europe: the U.S. economy.

Battered by skyrocketing state prices, companies successful Europe that marque steel, fertilizer and different feedstocks of economical enactment are shifting operations to the U.S., attracted by much unchangeable vigor prices and muscular authorities support. 

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