Europe escaped the immediate energy shock that followed the Russian invasion of Ukraine better than expected. Prices shot up, but reserves didn’t run out. Countries found new fuel sources. Households, on the whole, kept the heating on, helped by selective industry shutdowns.
No it did not. Europe just straight up running out of energy was never going to happen. But I fucking hate these shits who pretend as if inflation didn’t go crazy in front of my eyes. These guys get to set their own goals at standards too low to fail.
Exactly, it’s obvious to anybody with a functioning brain that you can’t just make new energy sources appear out of thin air. Russia was supplying a massive amount of energy to Europe, and then that got cut off. Meanwhile, other energy suppliers didn’t just have a bunch of unused capacity sitting around because why would they. So, the amount of energy Europe could get from other countries was always going to be limited, and what happened in the end is that Europe started buying Russian energy through third parties at a huge markup.
No it did not. Europe just straight up running out of energy was never going to happen. But I fucking hate these shits who pretend as if inflation didn’t go crazy in front of my eyes. These guys get to set their own goals at standards too low to fail.
Exactly, it’s obvious to anybody with a functioning brain that you can’t just make new energy sources appear out of thin air. Russia was supplying a massive amount of energy to Europe, and then that got cut off. Meanwhile, other energy suppliers didn’t just have a bunch of unused capacity sitting around because why would they. So, the amount of energy Europe could get from other countries was always going to be limited, and what happened in the end is that Europe started buying Russian energy through third parties at a huge markup.