“There are decades where nothing happens; and there are weeks where decades happen.” (Lenin) This is the feeling for those of us following the European Energy Crisis in the last week of September, and indeed for much of the quarter. Last week, just as we thought the gas supply constraints from Russia couldn’t get much worse, both Nord Stream pipelines were blown up.
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October 2022: Part 2 – The European Energy…
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“There are decades where nothing happens; and there are weeks where decades happen.” (Lenin) This is the feeling for those of us following the European Energy Crisis in the last week of September, and indeed for much of the quarter. Last week, just as we thought the gas supply constraints from Russia couldn’t get much worse, both Nord Stream pipelines were blown up.