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Russia Retaliates for Ukrainian Strikes on Russian Controlled Electricity Networks…

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Over more than 200 days the Russian special military operation in Ukraine had never attacked the basic infrastructure of the country. When the Ukraine used its electrified railway network to bring in weapons from the ‘west’ the Russian forces only took out electric substations that supplied the railway. But it never attacked the general electricity production for the population. The lights in Ukraine staid on…

EU Commission Announces 5 Point Plan for Self-Imposed Energy Crisis, Including Increased Imports of U.S. Natural Gas Driving Up Prices for U.S. Consumers…

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According to the U.S. Energy Information Association (IEA), U.S. storage of Liquified Natural Gas (LNG) is 12% below the five-year average (LINK). Additionally, the IEA is expecting the U.S. to export 11.7 billion cubic feet of LNG per day during the fourth quarter of 2022 — up 17% from the third quarter. The destination of that export is Europe…

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