The EU can get its oil from supertankers like everybody else.
“The EU can get its oil from supertankers like everybody else. “
If you’e buying on the spot market and taking delivery via tankers, you’re likely paying a premium price. The UK is discovering how expensive that strategy is, as energy prices skyrocket and people are forced to choose between heat and food. There’s a new term in England called “fuel poverty” to designate areas that lack adequate energy for heat and lights. It includes about 3 million individuals. Governments that interfere with heat for its citizens will inevitably fall.
https://www.gov.uk/government/collections/fuel-poverty-statistics
What is fuel poverty?
http://www.moneysupermarket.com/gas-and-electricity/fuel-poverty/
UK weather: 31,000 people DIED of the cold last winter
http://www.mirror.co.uk/news/uk-news/uk-weather-31000-people-died-2852677#ixzz2ucszzqkN