When will Euro gas prices normalize?Been doing a bit of reading up on Nordstream2, my takeaway is that the Russians are going to have some fun with this.
US influencing against the new pipe, Russia wants to completely turn off the existing Ukraine pipe (which it has been starving), Germany seems to be for it (but needs to get a new government together and then make all of the appropriate approvals, could be months). And then if/when it does come online, who is Russia going to sell the gas to and for how much?
In the meantime, Rome burns. Or rather it doesn't. Sounds very messy and like there are not too may other imminent solutions. The disruptions are real, and growing.
I'm just new at this whole investment category, but I'm happy slice off some of my early profits to pay for myincreased energy bill. Happier to be here in NA too!
Any other big factors to consider?