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RUSSIA’s Economy is dependent upon Revenue from the sale of Oil & Gas and historically the majority of this revenue was derived from sales to Europe. European infrastructure is dependent upon Natural Gas and after Russia’s invasion of Ukraine there were major concerns about the COST & AVAILABILITY throughout the Winter Period. In this video I look at the current situation, discuss the WEATHER in the European Winter so far, look at the latest Storage Levels, Review the current Prices and discuss the impact of all of this on Europe, Russia & the Global Economy.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:23 NATURAL GAS USAGE
5:58 RUSSIAN EXPORTS
9:00 EUROPEAN WEATHER
10:47 EUROPEAN GAS STORAGE
13:04 PRICES
14:50 SUMMARY & CONCLUSION
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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