While oil prices have fallen from highs of $130 per barrel in the summer when Western nations first imposed sanctions on Russian oil, most observers don’t see it going much below $100 over the next 12 months. Kremlin-controlled energy giant Gazprom has said European natural gas prices could climb by another 60% this winter. In retaliation against sanctions following Russia’s invasion of Ukraine, Moscow cut the flow of natural gas to Europe via the Nord Stream 1 pipeline to 20%, sending prices rocketing. DO you think that America is using Europe to grow its economy?
