Europeans’ Energy Costs to Account for 4.5% of Income in 2023 as Commodity Prices Soar
Surging natural gas and oil prices are expected to substantially erode at Europeans’ income in the coming years, ultimately prompting
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Natural Gas
Despite Gas Delivery Suspension To Poland And Bulgaria, Gas Prices Hit Lower Highs In Europe
On April 27, Russia decided to further escalate tensions with the West by announcing its majority state-owned energy company Gazprom
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Russia Isn’t Playing Games: Poland, Bulgaria Have Gas Supplies Cut for Failing to Pay in Rubles
It turns out Russia was serious about receiving payments for energy shipments in rubles from hostile nations. Now, both Poland
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Russia’s Deputy PM: Gas Buyers Are Agreeing To Pay In Rubles
It turns out that substitutes for Russian gas are far and few in between after all, meaning that “unfriendly” importers
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Natural Gas Futures Top US$7.00 Per MMBtu
Natural gas futures this afternoon topped a new high in North America as much of the continent is hit with
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Chemical Giant BASF Warns of Catastrophic Economic Collapse if Russian Gas Exports are Halted
Chemical company BASF SE warned bureaucrats that cutting natural gas shipments into Europe would have a “catastrophic” impact on the
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Not-so-Funny April Fools: Putin Threatens to Cut Europe’s Gas Supply by Friday
Russian President Vladimir Putin signed a decree on Thursday demanding “hostile” importers of natural gas start paying for shipments with
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Germany Invokes Emergency Gas Plan Ahead of Russia’s Ruble Demand Deadline
Germany enacted an emergency plan to help brace for natural gas disruptions from Russia ahead of President Vladimir Putin’s deadline
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BW Minister Declares Support For German Ban On Russian Energy Imports, Says Germans Can Survive A 15°C Winter If “People Are Dying Elsewhere”
Peter Hauk, Baden-Württemberg Minister of Agriculture and Consumer Protection, has declared his support for Germany’s plan to ban energy imports
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Europe Refuses to Pay for Natural Gas in Rubles
The EU continues to shoot itself in the foot, this time by refusing to meet Russian President Vladimir Putin’s demands
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