Posted on 09/06/2022 2:04:46 PM PDT by Mariner
Germany's biggest gas company has refused to rule out energy rationing following Russia's decision to indefinitely halt gas flows via the Nord Stream 1 pipeline.
Uniper said it is considering legal action against Moscow's giant Gazprom to compensate its shareholders for a 90% drop in their market value following a sharp drop in Russian gas supply since June.
Europe's gas prices surged on Monday after Russia stopped pumping via Nord Stream 1, a major supply route to the continent.
"We cannot rule out that Germany might look at rationing gas as something that might have to be considered," CEO Klaus-Dieter Maubach said during a gas conference in Milan.
"We know that the government wants to avoid this as much as possible because that would be a disaster for so many reasons," he added.
Before Vladimir Putin ordered the invasion of Ukraine on 24 February, Germany imported huge amounts of its gas from Russia.
In 2021 Russia accounted for 55% of its gas imports, although by June of this year that number declined to 26%....snip....
Meanwhile, incoming prime minister Liz Truss previously ruled out gas rationing, telling a hustings event last week: "I do rule that out. Yes."
(Excerpt) Read more at yahoo.com ...
Rationing, rioting and regime change.
The idiot Truss will eat her words and everyone else in Britain knows it.
The Euro-Oligarchs will not suffer one bit. They’ll be warm and well fed. No matter what.
Don’t they know about wind and solar? They get that it’s AOK. /s
get chopping fritz.
Things will only get worse. Any regime change will be for the worse - which will be an achievement for the Germans.
Of course, she had to “rule out” rationing, to avoid creating a destabilizing frenzy in the markets.
Germany...all by itself...stopped Nord 2.
Manmade crises brought to you by you by your not-so-friendly Delusional Lying Leftist Fascists.
May be the Germans have saved the cold weather clothes from WW-II. Those will come in handy.
Maybe they can turn the ovens back on.
Maybe they can get some spare wood from the Ardennes. They've been there before. Pretty sure the Belgians will understand.
Uniper said it is considering legal action against Moscow’s giant Gazprom to compensate its shareholders for a 90% drop in their market value following a sharp drop in Russian gas supply since June.
Apparently, some of those extremely bright German politicians forgot about the old saying “You don’t bite the hand which feeds you” Otherwise there will be no more food forthcoming.
the people will not freeze
the people will warm themselves by the bonfire
Burning stuff to produce energy works every time. One of the things mankind has learned over thousands upon thousands of years, and we’ve apparently forgotten.
Girl in the back looks like she has an uncomfortable seat...
they will certainly feel the heat
“the people will not freeze
the people will warm themselves by the bonfire”
This is the second time I’ve seen you post that.
And I think it’s brilliant.
taking a bow
thank you
thank you very much
unfortunately there will be tremendous misery at the hands of the elites
Can’t to that. Ovens run on gas which Russia has blocked.
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