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The Russia-Ukraine Information War

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Interesting item in the Gulf Newsthat illustrates the extent to which not all is as it seems in theRussia-Ukraine gas dispute. Specifically, the ways in which the pricedispute masks the impending collapse of natural gas prices, at a timewhen Gazprom desperately needs cash to invest in infrastructureupgrades. Also this (which ought to, but probably won’t, takea couple point-sizes off the screaming headlines about Gazprom’sinhuman decision to shut the tap on downstream customers last week): Warmer-than-normalweather in October and November allowed Italy, Germany and neighboringcountries to pump record amounts of gas into underground storage. Halfwaythrough the heating season, Europe’s natural-gas stockpiles […]

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