Op2mize Energy

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The Danish prime minister said Tuesday that she "cannot rule out" sabotage after three leaks were detected on Russian natural gas pipelines running under the Baltic Sea to Europe.

Britain on Thursday formally lifted a moratorium on fracking for shale gas that has been in place since 2019, saying strengthening the country's energy supply was an "absolute priority" https://www.reuters.com/world/uk/britain-lifts-ban-fracking-shale-gas-2022-09-22/

Sen. Manchin has informed Democratic leaders that he will not support new spending on climate initiatives, according to multiple media reports. https://www.utilitydive.com/news/manchin-refuses-new-climate-spending-clean-energy-package/627370/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-07-15%20Utility%20Dive%20Newsletter%20%5Bissue:43129%5D&utm_term=Utility%20Dive

Although planned for export, the natural gas must be shifted to domestic use, causing a decrease in gas prices. https://ca.finance.yahoo.com/news/us-natural-gas-prices-plunge-180343911.html

Bulgaria relies on Gazprom for more than 90% of its gas supply, while Poland sources about 53% from Russia. https://www.bloomberg.com/news/articles/2022-04-27/poland-bulgaria-can-only-ensure-gas-supply-if-others-avoid-halt

"I'm going to do everything I can to minimize Putin's price hike here at home." the President announced in his address on Tuesday. When probed further by reporters as to what he could do, he responded, "can't do much right now" and added the higher prices are "Russia's fault." https://www.cbsnews.com/live-updates/biden-russia-oil-gas-ban-imports-ukraine/

https://news.yahoo.com/russias-war-shakes-energy-markets-135743757.html
The US is partially insulated from the soaring prices that Europe is experiencing, with LNG (liquified natural gas) exports already operating at maximum capacity.

Russia's war shakes energy markets Oil prices jumped above $100 per barrel for the first time since 2014 and European gas prices surged after Russia invaded Ukraine, an assault with far-reaching consequences for energy markets and geopolitics.Driving the news: The global benchmark Brent crude is up by around $8, trading at roughly $1...

Read the full IEA report here https://www.iea.org/reports/coal-2021

Yesterday saw the most reports of hurricane-force wind gusts - 75 mph or higher - of any day since 2004.