It’s hard imagine that three separate breakages in the pipeline could be accidental and Russian involvement cannot be ruled out, say Danish and German leaders.
Whether it be investment in our own natural gas fields or co-operation with international partners, there are ways to remediate the problem.
Neil Collins’ Notebook: Gas shortages – and soaring prices – are a grave concern. But let’s remember the first law of commodities: today’s shortage is tomorrow’s glut.
Daily Briefing: The eye-watering profits of oil and gas giants is been described as an “insult” to the millions of households facing punishingly high energy bills.
Daily Briefing: In the event of a total shutdown of Russian gas, the deal states that a 15% reduction in gas use will become mandatory for all member states.
Global gas and grain shortages are a classic example of chaos theory in action: in a globalised world, a crisis in one country feeds into consequences for us all.
Neil Collins’ Notebook: Britain is blundering towards a cold, high-cost energy future, as oil and gas regulators face political pressure from our government which values short-term popularity over all else.
Daily briefing: As the gas crisis intensifies, one million customers could be left without a supplier in the next fortnight.
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