Tuesday, August 3, 2021

Russia Puts The Squeeze On Europe On Natural Gas Supplies

Zero Hedge: From Russia With 50% Less Supply: European Nat Gas Prices Explode To Record Highs As Putin Turns The Screws 

That giant sucking noise is billions of "excess euros" being wired to Russia as Putin flexes his muscles showing Europe just how "transitory" record nat gas prices can be. 

Natural gas prices in Europe hit a new record high as a slow at first, then much faster tightening of Russian supply looks set to cause a storage crunch on the continent.  

Read more ....  

WNU Editor: Here is a good explanation on why Russia is curtailing natural gas shipments .... Why Russia Is Refusing To Send Europe More Natural Gas (OilPrice.com).

It's all about putting pressure on Europe to accept the Nord Stream Two pipeline, and to cut to a minimum natural gas shipments to Ukraine. The massive boost in prices is the bonus for the Kremlin.

5 comments:

Anonymous said...


Any comments on the situation from Merkel, boss?

Anonymous said...

"Glug glug, glug, mmm protein" - Merkel

Anonymous said...

Merkel, Trudeau, Johnson, Biden
They all terrorise their population into taking unsafe drugs
They talked us into lockdowns that were supposed to only last 2 weeks
They're destroying the middle class, making us dependent on state parties and they enforce it through tyranny and fascism
They have to go!!!!

Anonymous said...

But this is now August and all to change very soon!

Jac said...

Europe create its own miseries: they put their head in the sand for not seeing the danger of a so huge dependency.