Gas rationing this winter?27 Aug 2022 08:43
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.