Be careful what you become addicted to or dependent on.
As the situation in Ukraine continues to cloud up the inevitable change of seasons advances respecting no man or gas importer either.
At least six European countries get all of their gas from Russia, the big bad hydrocarbon wolf of the area. And Putin, like bullies have been doing from the playground to the international scene since the beginning, is threatening to take his gas ball and go home.
Finland, Estonia, Latvia, Lithuania, Romania and Bulgaria receive 100% of their natural gas imports from Russia, the Energy Information Administration said Wednesday.
Romania and Bulgaria receive that gas through pipelines that cross Ukraine.
Overall, 30% of natural gas consumed in Europe (including countries outside the European Union) came from Russia last year, with 16% of natural gas consumed in Europe passing through pipeline networks in Ukraine.
Top Russian gas importers include Germany and France. In the past, as much as 80% of the Russian gas traveled through Ukraine, but that percentage has fallen to 50% to 60% once a pipeline under the Baltic Sea connected Russia and Germany three years ago, according to the EIA. http://www.marketwatch.com/story/these-countries-have-the-most-to-lose-if-russia-shuts-the-gas-valve-2014-08-27
People want food, water and heat. The good side to all this if it gets worse it will make these countries try to get off the Russian gas fix. And even more so, it most likely will slow down the global warming, climate change madness that's been sweeping the globe the last decade or so.
Germany's huge north to south renewable energy project, a pagan hymn to the God of Greenies, is on cost overload and anything at this point but a success. One of the goals is it's suppose to get Deutschland off those dreaded hydrocarbons and nuclear power.
For now owing to a milder winter last year stockpiles look adequate. But the longer it goes on, the colder it's likely to get.
t. man hatter
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