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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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towerdog
To: ajtj99 who wrote (53073)2/28/2022 1:15:55 PM
From: ajtj991 Recommendation  Read Replies (3) of 97191
 
A key blurb from that article:


“If all Russian gas is cut off, Europe would have no chance of coping,” said Kateryna Filippenko, European gas analyst at Wood MacKenzie.

“In the event of prolonged disruption, gas inventory couldn’t be rebuilt through the summer. We’d be facing a catastrophic situation of gas storage being close to zero for next winter. Prices would be sky high. Industries would need to shut down. Inflation would spiral. The European energy crisis could very well trigger a global recession,” she said.
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