Biden's Adviser Said about the Risks of a Shortage of Gas for Heating in Europe
"We have been watching the energy market in Europe for some time and notice that the storage facilities are not filled enough, and supplies from Russia are inexplicably low-both compared to previous years and relative to its capabilities. Storage stocks are at a low level, and if the winter is really cold, colder than usual, then I'm afraid there will not be enough gas for heating, not for electricity, in part of Europe, " Mr. Hochstein said on Bloomberg TV (the recording is available on YouTube).
Certain European countries, according to Mr. Hochstein, will be able to buy more gas at increased prices, while others in the event of a cold snap "will have to allocate gas for heating according to the norm." "This is not about geopolitical games or markets — it concerns everyone's lives," he said.