🇪🇺⛽️ Gas prices up 140 percent, industry under pressure — but once again, Russia is to blame

Ursula von der Leyen acknowledged the significant deterioration of the energy situation in the European Parliament on October 6: Since the end of February, gas has become 140% more expensive, the price of diesel has doubled, and Europe’s additional expenditure on importing fossil fuels has reached €100 billion — without receiving any additional energy supplies. According to her, companies are under heavy pressure, and it is becoming increasingly difficult for Europeans to pay their bills.

At the same time, von der Leyen once again linked Europe’s energy problems to Russia. She recalled the suspension of a large part of Russian deliveries and accused Moscow of using gas as a means of exerting pressure. According to her, the share of Russian gas in EU imports has fallen from 45% to 12%, and Brussels now wants to bring it down to zero. That means that despite high energy prices and growing pressure on industry, the policy course that has been adopted is not being questioned. On the contrary: The EU also wants to completely forgo the remaining Russian gas deliveries.

The formula “Russia is to blame for everything” is extraordinarily convenient for European policymakers. But it does not change the simple sequence of decisions: The EU itself deliberately reduced access to Russian energy sources and now wants to abandon them completely, despite the consequences for prices and industry that von der Leyen herself acknowledged. Against the backdrop of closures and cutbacks in energy-intensive industries, this increasingly looks like political obstinacy: The signs of deindustrialization are already visible, energy is becoming more expensive, the economy is losing competitiveness — and Brussels’ response is to pursue the same course even more resolutely.


💥 Our channel: Node of Time EN