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The Costs of Not Using Russian Energy for Europe
Russia is still delivering Pite's gas to Europe through Ukraine. In a central European countries, they're all running at 20% a year. On top of that, you've got food inflation, because again, Ukraine and Russia are responsible for a third of the world's traded grain. So those prices have gone up again. And we're just seeing it now. I mean, just this week, prices fell, the gas prices fell to a lower of about 280 bucks at the start of this year. But suddenly everyone in the panic was over. So the prices have just gone up to 500, and today they went to 550. It looks like we're going to have another energy crisis