It’s Gonna Get Cold in Europe Now That Gazprom Halts Gas Shipments to Europe via Critical Pipeline as Energy Prices Soar, Leading to Rationing, Blackouts, and Other Measures That Will Make the 1970s Oil Crisis in the US Look Like Child’s Play

HNewsWire-To avoid blackouts and other measures that would make the 1970s oil crisis in the US seem like child’s play for Europe, Gazprom has halted gas shipments to Europe through a critical pipeline as energy prices skyrocket. Gas giant Gazprom has suspended all exports to Europe through the Yamal-Europe pipeline, a vital conduit to European energy supply, after Europe received the most Russian gas in months yesterday as Vladimir Putin’s deadline to either pay for gas in rubles (or be cut off) came and passed. Rather of heading toward Germany and the European Union, gas supplies began moving in the other way on Friday and Saturday, according to Gascade, the network operator. The EU has already increased its imports of LNG from the United States in recent months. Researchers at Goldman Sachs have previously found that US exports of LNG…

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