I doubt this is political but talk of sanctions on Nordstream 2 gives Russia the cover they need to cutting back on natural gas sales to Europe.
This has to do more with Russia's critical need for natural gas as winter weather starts than politics.
And if that's correct, it tells me all I need to know about "spare capacity."
Irina Slav is reporting that Russia is "reluctant" to boost natural gas flows as cold snap hits Europe.
Saudi Arabia: rigs don't matter.
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