Free Republic

European natural gas inventories rose by +115 BCF over past 7 days. EU nat gas storage 58% full. Current inventories at 2215 BCF. 24.3% higher than 1 year ago. EU goal is at least 80% full by Nov 1st for winter.

Do you like Nestle chocolate? A lot of us grew up with Nestle and Hershey as the go-to chocolates when we were kids. This article gives @Nestle and other companies being attacked by Ukraine through Anonymous an opportunity to reclaim lost revenue and seek justice against the people extorting them and damaging their country’s economies. A few days ago, Ukraine’s Volodymyr Zelensky expressed his disdain for the company by saying neutral Switzerland ISN’T a good European country. “‘Good food. Good life.’ This is the slogan of Nestlé. Your company that refuses to leave Russia,” Zelensky said Saturday during an address...

Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1% of global oil production, due to storm-damaged berths, a Russian official said on Tuesday. Pavel Sorokin, a Deputy Energy Minister, said the second berth could also turn out to be damaged after initial information about one of the three being damaged by a storm. Major global trading houses such as Vitol and Trafigura said on Tuesday they estimated the current Russian oil disruption at 2 million to 3 million bpd and added...

Are Russia and Ukraine Closer to a Ceasefire Deal?

Western powers have dispatched thousands of troops to frontline NATO states for humanitarian purposes. But these forces’ impact would be far more consequential inside Ukraine. Western powers should insert heavily armored forces into pockets of western Ukraine, making clear that such deployments are at the invitation of the sovereign government, are designed to safeguard humanitarian operations, and won’t engage offensively with Russian forces.