#Bestof2022: Ten days after the attack on Ukraine: the global Natural Gas market responds. #Ukraine: Twenty-eight LNG ships headed from the Gulf to Europe. Bud Weinstein, Maguire Energy Institute Advisory Board. (Originally posted March 7, 2022)
The John Batchelor Show
John Batchelor
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🗓️ 8 January 2023
⏱️ 10 minutes
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#Bestof2022: Ten days after the attack on Ukraine: the global Natural Gas market responds. #Ukraine: Twenty-eight LNG ships headed from the Gulf to Europe. Bud Weinstein, Maguire Energy Institute Advisory Board. (Originally posted March 7, 2022)
https://www.energyintel.com/0000017f-65ee-df15-a77f-e7ffeb3e0000
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| 0:27.0 | Slack.com slash DHQ. This is CBS Eye on the World. Here's John Bachelorette. |
| 0:40.6 | Ukraine crisis, energy. They are together now as a threat to the national security of Europe |
| 0:46.7 | or allies to the planet in terms of recovery from the pandemic. The headlines are representative |
| 0:55.1 | of the concern worldwide from London. Energy prices rally as US considers ban on Russian |
| 1:02.8 | oil imports. Subhead crude hits its highest level since 2008 as European natural gas jumps |
| 1:10.2 | almost 80%. I welcome Bud Weinstein. Bud for years has been my guide on these matters. |
| 1:18.2 | Because what we're dealing with here is a story that is not fresh. It's a story that |
| 1:22.5 | we've seen before. Bud is on the McGuire Energy Institute advisory board. He's retired |
| 1:29.6 | as the associate director, also retired from SMU teaching at the business school. And |
| 1:34.6 | he's written extensively about the ability of the US as a energy superpower to provide |
| 1:41.8 | for Europe, to provide for the world if and when. Well, here it is. And Bud, a very good |
| 1:47.6 | evening to you. I report just in these last hours, there is information from Germany that |
| 1:52.6 | they will extend the life of some of their nuclear power plants, which they'd hoped to shut |
| 1:58.7 | down soon enough is also suggestion that they'll continue to use coal. The dirtiest of |
| 2:05.5 | all possible fossil fuels in their electric generating plants. There are other considerations |
| 2:11.4 | going on across Europe. Right now I'm told that the facilities that they need have to be |
| 2:17.8 | built. They don't now exist, especially for a liquefied natural gas. We don't know if |
... |
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