Ukraine to Halt Key Russian Gas Transit to Europe, Use Alternative

[bluewater]

28. Sure, the price jumped more WHEN RUSSIAN TANKS ROLLED UP TO Kyiv lol

March 6, 2022·2 min read

Investing.com -- European natural gas futures surged some 25% in early trading on Monday to new record highs, amid talk of tighter sanctions on Russian energy exports.

https://finance.yahoo.com/news/european-natural-gas-prices-surge-030116100.html?msclkid=12dab6f3d0c011ecbcb460bd118fd030

That was the March 6th spike on your chart when the Russian Invaders reached the outskirts of Kyiv.

Natural gas prices in Europe exploded on Tuesday, December 21, 2021, after a major pipeline that brings Russian gas to Europe slowed output over the past couple of days and completely stopped delivering on Tuesday. This combined with record-high prices of electricity after France closed 4 of its largest nuclear reactors last week, low wind energy output, and cold weather to further deteriorate Europe's energy stability ahead of very cold Christmas and New Year.

https://watchers.news/2021/12/22/natural-gas-prices-in-europe-explode-to-all-time-highs-as-major-russian-flow-stops

That was the December 21 2021 spike on your chart "after a major pipeline that brings Russian gas to Europe slowed output over the past couple of days and completely stopped delivering"...


And, hey, all those spikes had build ups before they reached their top, right?

Today's 8% increase is on par with, if not greater than, the increases several days prior to the peak of those previous spikes.

At least that's what your chart show, right?



But, sure, gas prices went thru the roof the last two times investors were worried about cuts in Russian energy exports BUT maybe that won't happen THIS time, hmmm?



Time will tell in any case. Let's see how this develops.