How Europe Stumbled Into an Energy Catastrophe

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How Europe Stumbled Into an Energy Catastrophe
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.DoombergT on how Russia’s oil industry has thrived despite sanctions, where Europe’s energy crisis is headed, and why his site is, despite appearances, fundamentally optimistic. A conversation with realaxelfoley

from their markets after his invasion of Ukraine risked causing an economic crisis. I spoke via Zoom with one of the Doomberg writers about how Russia’s oil industry has thrived despite sanctions, where Europe’s energy squeeze is headed, and why his site is, despite appearances, fundamentally optimistic.

We surveyed the landscape and concluded that the subset of thought leaders, let’s call them, that have relevant experience in industry was pretty much de minimis. And that was an open playing field that, if we executed properly, we could occupy.that “with each passing day, Europe risks crossing the point of no return.” What does the point of no return look like in your view?

If even just three months ago we had said this was going to happen, we would have been dismissed, and I would say correctly, as alarmists.

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