Europe still avoiding crisis
Europe is in a stronger position than it was a year ago with gas storage capacity almost full and reliance on Russian gas down.
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Europe is in a stronger position than it was a year ago with gas storage capacity almost full and reliance on Russian gas down.
Just two weeks ago, the UK natural gas price was at a two-year low. Today, that price doubled. Here’s why.
It’s not the oil majors which have been abusing customers, but distributors such as British Gas.
Evidence that Europe cannot be blackmailed by a murderous tyrant is encouraging. But there are still tough times ahead.
Ofgem, the UK’s energy regulator, has warned that there is a big risk of gas shortages occurring this winter.
The plan, which will shield companies and consumers from the soaring energy costs, comes as German inflation reaches double digits.
The Kremlin has said that the US is more likely to be behind the three large explosions which have caused a gas spill in the Baltic Sea.
The European Project has never seemed so empty or irrelevant. It’s time for the EU to draw back and regroup.
At a testing moment for Russians on the battlefield, cracks are appearing in the Kremlin’s plan to freeze the continent.
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