Natural Gas Dynamics
Natural gas prices have surged due to significant supply constraints, particularly highlighted by a dramatic drop in deliveries from Russia to the EU before the Ukraine invasion. Data reveals that gas flows began to decline sharply in late 2021, with a 36% reduction noted just prior to the conflict. Various pipelines faced pressure, with only the direct route to Germany maintaining steady flow, suggesting that geopolitical tensions have amplified Russia's leverage in the energy market.In this clip
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Odd Lots
Matt Klein on How Germany Wound up So Dependent on Russian Gas
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