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Will OPEC Ride to the Rescue?
What Goes Up
Is There a Risk of Disruption of Pipe Lines in Europe?
The main concern of the market are exactly four pipe lines. One is for oiland we call it drusa, and three are for natural gas. They are ar stations on the border a between ukrane and western europe. So we can monitor the floes almost on real time on the blumber terminal. And surprisingly, nothing has happened to them. Incredibly, more gas is flowing through ukraine to day into europe than ther was flowing two weeks ago before, before the wari started. But if anything were to happen to those pipe lines, it would be really, really bad. Natural gass prices will just fly anawle. they will go high enough
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