The energy crisis in Europe is deepening with the coming of winter

The energy crisis in Europe is deepening with the coming of winter

Immediately after the completion of Nord Stream 2, instead of reducing the price of natural gas, the exact opposite began. Raising the price of both gas and all types of fuels.
And this is not so much related to stock prices, as the price of oil is still at the level of 2018.
The creation of artificial price increases is the main reason. All other reasons are insignificant.

In Europe, the price of gas has increased by more than 250% since January.

In the United Kingdom, for it is +500% and in the wake of gas, electricity is also reaching historic levels today.

There has been a global explosion in demand for gas & electricity, linked to the economic recovery after COVID-19.

Producers therefore had to restart coal-fired power stations or keep gas-fired power stations running longer. Mechanically, they emitted more CO2, so they had to pay more emission rights, rights which are also increasingly higher, we are at 62 euros per tonne.

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