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Caroline Bain, chief commodities expert at Capital Economics, said the UK was “walking an absolute tightrope this winter”.
“If we get some cold spells, or a further tightening [of supply], Europe is going to have to look at rationing,” she said. “As an economist, it is difficult to forecast because this is completely uncharted territory. It’s unlike anything we have seen before. The oil shocks of the 1970s were nothing on the scale of what we are seeing with gas now.”
The Independent, this am.
We’ve paid too much attention to the lunatic green element for too long. Europe will be burning coal on a grand scale this Winter due to the green lobbyists. Ironic.
Mirosal, your type are traitors to both morality and this country, probably funded by Putin. The Green agenda of no gas is no dead and will be for the foreseeable. IronicAlly home produced gas should be lauded by the green lobby. Shame you are all too thick to see it. Angs will go from strength to strength here, and we will see an acceptance fracking in this country by Christmas imo.
We’re just excited share holders who hold shares in a gas company that is about to turn on the gas taps in a time when gas has never been a more valuable commodity, what is your reason / excuse for posting, if no financial interest?