European natural gas prices up 500% in one year
By Paul Preston and Chriss Street, Exclusive to AENN
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.
According to Chriss Street the price of natural gas has risen to spectacular prices in Europe as Russia turns off the natural gas. Russian gas flows via the Yamal-Europe pipeline that runs across Belarus and Poland to Mallnow, Germany. This flow is now being turned off in a progressive manner as Europe prepares for winter. Street suggested that storage for natural gas is at all time lows which will exacerbate supplies during the cold winter months.
This is now a major problem for European leaders and their American friends like President Joe Biden. Putin who controls the flow is speaking in a language that all European’s understand and the is how cold do you want to be in the winter?
Street thinks this is a direct result of Putin pushing back on the “woke” leaders of the world. The Russians have seen wokeness before in the old Soviet Union where religion is the victim of the woke. Russia today is now one of the largest Christian nations in the worl and Putin aims to keep it that way.
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