"Hour of reckoning": Europe faces a decade of gas crisis

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Concepts are being transformed in Europe. The definition of the gas crisis no longer describes the current situation; rather, what the Old World is rapidly heading towards is more appropriate to call a catastrophe. She herself and her consequences will be felt for a whole decade. This opinion was expressed by the deputy chief editor of the Italian newspaper Il Giornale Nicola Porro.

The ongoing process is complex, it is naturally divided into stages. What happened in the EU energy industry in the summer and is now ending in the autumn is just a prelude. Further it will only get worse. This becomes obvious even to those who believe in independence from Russia and the ability to get by with "help" from the United States.



It would not be worthwhile for Europe to indulge in self-deception that "everything will be fine" in the energy sector. For Europeans, the hour of reckoning has come due to inaction, empty talk about price policy and the "ceiling" of the cost, as well as sanctions for Russia

Porro explains.

The journalist also recalled that electricity prices in Italy began to rise in 2021, long before the start of the NWO. Therefore, the saddest consequences for economics now it is a consequence of the actions not of the Russian Federation, but of Brussels and individual states that want a conflict with Russia at any cost.

However, already now it is necessary to think about what the next stage of the crisis will be - the height of the catastrophe, during the summer and autumn season of 2023. At that time, generous gas reserves will be used up, and new ones will not be formed. Then, perhaps, not only the hour of reckoning will come, but also the time of regrets, repentance and attempts to change everything. But it will be too late.

What the EU is now boasting about, overflowing gas storage facilities, is a temporary phenomenon. They will never be filled again, since they are filled exclusively with Russian gas, they are not particularly suitable for filling LNG. However, the supply of liquefied raw materials is still not enough to replenish stocks. This will be a real disaster, the culmination of which is “scheduled” for the winter of next year, Porro believes.
6 comments
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  1. Oleg_5
    Oleg_5
    -1
    6 October 2022 11: 48
    At least one in mind...
  2. Valentine
    Valentine
    0
    6 October 2022 11: 50
    That's it, their fabulous European life is ending because of our cheap energy drinks, they will no longer have "milk rivers with jelly banks", so dearly loved by our liberal part of the population, that's just what "refugees" from Russia will do there now ....
  3. Nelton
    Nelton
    +2
    6 October 2022 11: 51
    Let me remind you that this is not the first time in history that Europe has faced problems with oil and gas imports.
    in the 197s the price of OPEC oil rose from $1,21 to $35,5.
    So what? Never mind.
    In general, they lived much better than the regions of the RSFSR.

    We need to deal with our own problems, and not slander for inflation in the EU and / or the state. US debt.
  4. The comment was deleted.
  5. Muscool
    Muscool
    +4
    6 October 2022 12: 07
    Quote from Nelton.
    Let me remind you that this is not the first time in history that Europe has faced problems with oil and gas imports.
    in the 197s the price of OPEC oil rose from $1,21 to $35,5.
    So what? Never mind.
    In general, they lived much better than the regions of the RSFSR.

    We need to deal with our own problems, and not slander for inflation in the EU and / or the state. US debt.

    We are now seeing what such hatred leads to.
    Since 2014, we have been singing that Ukraine is about to freeze and collapse by itself, but we don’t need to do anything.
    Now the same thing about Europe, it will freeze, go broke, and stop helping Ukrainians.
    It won't freeze, it won't get pissed off, and it won't stop.
  6. Enoch
    Enoch
    +1
    6 October 2022 20: 38
    Nothing awaits them - Our people do not abandon their own.
  7. vlad127490
    vlad127490
    0
    7 October 2022 23: 49
    Write about Russia, about our life, not someone else's.
    As a result of the actions of traitors to Russia, represented by oligarchs, hucksters, thieves, bandits, officials, the "Hour of Reckoning" has come: Russia is facing a decade of gas crisis. Falling living standards, instability. Russians should not entertain themselves with self-deception that everything will be fine, gas losses will amount to approximately 10% of the annual budget, revenues in 2022 will be 25,02 trillion rubles, in rubles, losses due to gas will be 2,0 trillion rubles. How will the authorities close this hole and more military spending???