And they are not to blame for it at all. It was our own hubris, shortsightedness, and pure arrogance that got us there. We could have filled up gas storage when it was really cheap. Russia would sure have appreciated being able to get some coin when it was hard to get any and our storage would have kept us a lot safer when the going gets tough. But constant alarmist drumbeat destroys the will to plan properly – something that was done just some years ago. Europe seeks a culprit – look in the mirror.
Russian gas giant Gazprom PJSC took center stage at one of the industry’s biggest summits on Wednesday, arguing it’s not to blame for Europe’s energy crisis.