the energy saga continues. . .
- Europe is experiencing a strong winter right now and Russian gas suppliers cannot respond to increased demand within the EU. (They're overwhelmed.) The saga with Ukraine is still there. A lot of snow is being dumped in the region (climate change).Russia cuts supplies by as much as 30%.http://www.washingtonpost.com/business/report-russias-gazprom-acknowledges-cutting-gas-supplies-to-europe/2012/02/04/gIQATcUroQ_story.html?tid=pm_business_popIn this other report, note Italy's reliance on the Libya and Algeria.Best,Violeta Archer