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55%  
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  • Theres a Massive Energy Crisis Happening in Europe. Will It Affect Travelers?

    09/22/2022 4:14:20 PM PDT · by Its All Over Except ... · 31 replies
    MSN.com ^ | 9/22/22 | Apeksha Bhateja
    It seems that one continent can’t seem to catch a break. After the chaotic mess that was summer travel, Europe is preparing for a cold, hard winter. There is an impending energy crisis looming over the continent and as the demand surges in the colder months, European countries will have a hard time supplying much-needed power and the costs to heat and light homes and workplaces will soar. Already, it is estimated that the energy prices are 10 times higher than the five-year average. Countries are scrambling to store energy and advising measures to people to navigate through difficult times...
  • European gas prices likely to fall sharply this winter, says Goldman Sachs

    09/13/2022 10:06:55 PM PDT · by Berlin_Freeper · 126 replies
    theguardian.com ^ | September 13, 2022 | Alex Lawson
    European countries can withstand Russia’s gas cuts this winter as supply headaches may have been “successfully solved”, according to analysis by a leading US bank. Goldman Sachs said the price of gas was likely to more than halve this winter as efforts by EU countries’ to avoid big shortages this winter prove effective.