Putin got his energy calculations wrong. A warm autumn for Europe
1 year ago
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Gas and oil prices have fallen to pre-war levels. Europe has been good at diversifying sources and reducing consumption, but also lucky for its exceptionally mild climate. The Russian president set his sights on General Winter, but he defected
In September, when after a “maintenance” Moscow communicated the total interruption of gas supplies via Nord Stream “indefinitely”, in Russia they packaged a TV ad titled “The winter will be long and freezing” showing workers from Gazprom intent on turning off the gas taps and the dark and cold European cities. That apocalyptic scenario seemed real, or at least possible, to everyone. Both at Vladimir Putinwhich aimed to dismantle the pro-Ukraine front by separating Europe from the United States, European countries from each other and European companies from their governments, both from the West, which already imagined a “warm autumn” due to social tensions and strikes against inflation, the closure of companies, the increase in unemployment and poverty…
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