Friday, July 08, 2022

Trump warned them!-----Pipeline Uncertainty Leaves Germany With Energy Jitters | Barron's

Pipeline Uncertainty Leaves Germany With Energy Jitters | Barron's
"The Nord Stream pipeline, which supplies Germany with most of its Russian gas, will be shut down for routine maintenance from Monday -- with fears rising that it may remain off for good.
Germany is already feeling the effects of the energy squeeze caused by the war in Ukraine, with many households and businesses turning down the thermostat or dimming the lights.
  • Economy Minister Robert Habeck has even made headlines for extolling the virtues of shorter, colder showers.
  • Now, nervousness abounds as the scheduled 10-day pause in deliveries via the vital Nord Stream pipeline threatens to make things even worse.
"No scenario can be ruled out," Habeck has warned..."

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