“Fossil Fuels are a strategic asset” say people watching UK and EU perfect gas storm

It’s not even winter yet but suddenly all eyes are on the gas prices

Gas through the roof…

Thanks to fear of climate change voodoo many nations in the EU have effectively stopped exploring for gas and decided not to frack their shale deposits to get cheap gas too. (In Australia too). Vainglorious governments aimed to change the weather instead of having cheap electricity and lo, wind-towers were built everywhere.

What could possibly go wrong? Nearly everything.

Even the massive size of the European market hasn’t saved them from price rises so large that retail suppliers are collapsing, and fertilizer factories are closing.

Its a great way to give your enemies the upper hand

The wind drought in spring and summer meant that wind farms failed. Then the Russians squeezed gas supply in to the EU looking suspiciously like they were hoping to push up prices and pressure Germany into approving the controversial Nordstream 2 pipeline. Now the Kremlin is suggesting a quick approval will alleviate the gas shortage (they’re just trying to help). In the latest news one large interconnector between the UK and France has suffered a fire and broken down and won’t be restored til […]