Page 3 - Fuel Security News Today

So i think the economic ramifications of this - are pretty long—term. i want to pick up on that. part of the conversations that the world has been having about the energy transition and need to transition, there was a lot of pressure, particularly from the united states, to stop investing in hydrocarbon markets, to stop investing in the oil development and so forth, and so you had everybody on the back foot and then this crisis happened. if anything, it proved that, again, american policy of a...

Are disastroys at the moment, and i think that is where... - those are the kind of services where people feel the energy| crisis and what is going . on actually hits their life, and whether they blame their local councillors, l whether they blame boris - johnson or whether they blame vladimir putin for that will be quite an interesting _ thing to see next week. quite a few people who choose from in the blame game! for those who feel strongly about partygate, and whether they can trust the conser...

Up to now, theyve repelled them from the west. - kyiv was seen as a victory. everybodys really saying, "plucky ukrainians, lets i give them some arms." talking to our foreign - correspondent, jeremy bowen, whos out there, saying, - "what happens if russia starts winning in the east? are you going to keep pushing arms, military into that? - thats a very different i proposition, politically, domestically, to sell at home." a western flank is a different prospect, isnt it? i suppose what this has d...

And so i think in countries like, for example, the uk, where it has to be the conservatives or labour predominantly and we always thought you couldnt have new parties. look at this. you have completely new parties shaping and dominating the political discourse in france. whether its france or any other european economy at the moment, simon, though, the problems are the same, arent they? a lot of leaders are grappling with those issues of cost—of—living crisis, fuel security, which we have al...

Of votes above 40% was shocking. and so the question is, what is the long—term ramifications for france? but also the fact that the traditional parties as we know them have now gone, and so i think in countries like, for example, the uk, where it has to be the conservatives or labour predominantly. look at this. you have new parties shaping and dominating france. whether it�*s france or any other european economy at the moment, simon, though, the problems are the same, aren�*t they? a lot ...

Will never again in our lifetime be considered to be acceptable i strategically or politically to be that reliant on russian fuel. sources, and that means huge investment in renewables, finding other sources. - that means these energy prices we see are not - just a blip or a spike, - this is a step change in energy costs for western economies - which will take years and will take huge amounts of money out of the economy, - so i think the economic— ramifications are pretty long—term. i want t...