The “World’s Dumbest Energy Policy” Just Got Dumber…The Frightening Race To Reset By World War

As we know by today Russia has unleashed the hounds of war and as also becomes increasingly clear that was always the intention. Everything that happened looks like a game that was played to fool the rest of the world. Will energy prices rise in Europe? Sure they will. Will they rise to USD 2000 per 1K m3 of gas? I doubt that a lot. Winter is almost over. The heating season is fizzling out. Europe might just squeeze through for now. And summer can be used to fill storage to the brim from LNG. That won’t replace Russian gas but combined with oil, nuclear and coal we might just slip through. Russia won’t.

Linkedin Thread