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Home Business

Russia to Cut Nord Stream Gas Flow

Bloomberg Markets and Finance by Bloomberg Markets and Finance
August 19, 2022
in Business
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Russia to Cut Nord Stream Gas Flow
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Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter. Bloomberg Intelligences’ Mike McGlone discusses the issue on Bloomberg Television.
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Comments 20

  1. Sooga Dyek says:
    3 years ago

    God bless 🇷🇺

  2. William Shaw says:
    3 years ago

    That Bust and boom he talks about in commodities you can thank capitalism for. I love how after economic tragedy after economic tragedy no one ever actually points the finger at the real culprit the corruption and greed of capitalism.

  3. Chris Yunge says:
    3 years ago

    Yeah, the refurbished pump arrived from Canada, and they need to install it, been telling you that.!!!😎

  4. sudilos117 says:
    3 years ago

    Which ever leaders and cheerleaders allowed European countries to go with Russia for Gas should be drug
    out of their beds and burned

  5. DmbWorks says:
    3 years ago

    Its all Bidens fault for cutting off US production

  6. Never give up your guns. says:
    3 years ago

    God Bless Russia, with love from 🇺🇲❤👍

  7. animatedfiles-com says:
    3 years ago

    Mr Zelensky: "Europe must stop buying gas from Russia"

    Mr Zelensky: "The gas blackmail of Europe, which only gets worse every month, is needed by a terrorist state to make the life of every European worse"

    USA: "Sorry folks"

  8. Queazy says:
    3 years ago

    Trump told Germany it was a bad idea to depend on Russian gas. Germany then laughed, killed nuclear & other energy plants in an effort to go green. Like Biden they thrust themselves into an energy crisis while patting themselves on the back.

  9. George Quek says:
    3 years ago

    Well done and good job president putin of russia.👍

  10. patrick blikkie says:
    3 years ago

    the netherlands has the largest gas field in europe.
    The Netherlands must open the gas fields and start drilling for gas and compensate the Dutch residents in the area of ​​gas drilling

  11. E J says:
    3 years ago

    Amazing the foolishness of Biden and Europe betting winter would be no problem? Should have gotten Ukraine and Russia to the table weeks ago.

  12. Cameron Bruce says:
    3 years ago

    Germany: EASILY SOLVED START the NORD STREAN-2. pipeline. The EU is destroying itself at the behest of the USA. Isnt that TREASON by their ADMINISTRATION ? (Not acting in the INTEREST of its POPULOUS but an overseas nation!)

  13. Rædwald Saxe-Coburg says:
    3 years ago

    In 1841, German physician and physicist Julius von Mayer coined what was to become known as a first law of thermodynamics: “Energy can be neither created nor destroyed,” he wrote. It can, however, be converted from one kind to another — by solar panels that turn sunlight to electricity, or in the transformation of natural gas molecules to the heat that cooks our dinner and heats our homes.

    “Magnetism is a force, but it has no energy of its own,” says David Cohen-Tanugi, vice president of the MIT Energy Club and a John S. Hennessy Fellow in MIT’s Materials Science and Engineering department. Still, he adds, “magnetism is extremely useful for converting energy from one form to another. About 99% of the power generated from fossil fuels, nuclear and hydroelectric energy, and wind comes from systems that use magnetism in the conversion process.”

    Every energy generation technology — with the exception of photovoltaics — relies on spinning turbines that put electrons in motion and push them through circuits and generators. “As these charged particles move past magnets inside the turbines, they create a field around them that affects other charged particles,” says Cohen-Tanugi. “This is the magnetic force that converts the energy of wind and coal and nuclear fuel to the electricity that’s sent out into the power grid.”

    Much of that grid is managed by using principles of magnetism, as well. “The transformer stations you see along the highway or in industrial areas are responsible for converting high voltage electricity to a usable 110 volts,” says Cohen-Tanugi. High voltage lines deliver power from the power plant to the transformer stations, and as electrons move through the transformer’s large coils, they give rise to magnetic fields that change the electricity’s frequency to a voltage safe for powering our toasters, bedside lamps, and hair dryers.

    Generators and motors in everything from hybrid cars to computer hard drives employ magnets, and researchers are currently investigating the potential of rare earth magnets, exceptionally strong permanent magnets composed of alloys of rare earth elements. Already used in state-of-the-art motors and generators and other energy-sector applications, they represent the next generation in magnetism’s role in energy production.

  14. Letsgo Brandon says:
    3 years ago

    Russias prerogative. Do it.

  15. onebronx says:
    3 years ago

    No worries, EU must have saved a lot of money when they used the cheap Russian gas, so they should have money to pay more now.

  16. Andrew Herman says:
    3 years ago

    yes I don't understand why 'people,' using the term generously, who order the launching of multiple rockets that blow innocent people into tiny pieces would do a mean thing like cut-off gas

  17. сергей макаров says:
    3 years ago

    Früher dachte ich, dass die Seite, gegen die die Sanktionen verhängt werden, mehr unter den Sanktionen leidet, es hat sich herausgestellt, dass das Gegenteil der Fall ist.

  18. George Kafantaris says:
    3 years ago

    In cutting off natural gas, Russia is forcing Europe to quickly find creative ways to replace it — including with renewable energy.
    But what about Russia? Cutting off the gas is having the opposite effect in Russia — steering it further away from renewable energy as well as conservation. And although higher gas prices now more than make up for lost profits from the unsold gas, that will only last so long. Afterwards, Russia will be sitting on stranded gas assets that will further accelerate its dissent into the abyss of economic irrelevancy. So much for resurrecting old empires.

  19. John Botero says:
    3 years ago

    Better yet, Putin helping Europe go green but in the winter the Europeans will turn blue…😂😂

  20. R. Ronneberg says:
    3 years ago

    Russian oil and gas capability should fall due to the US energy companies which left Russia. These companies were the grey matter in keeping production going. We may be already seeing the steep production declines.

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