article thumbnail

German official calls for “Tesla Speed” efforts to shift away from Russian gas

Teslarati

Considering the war between Russia and Ukraine, however, an expedited timeframe may be pertinent. During a press conference last month , Habeck stated that Germany could not “continue at our dozy pace.” .’ Nevertheless, we have to try the unrealistic in some form now,” Habeck said.

Gas 98
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

and European Union’s decisions to impose—and maintain—sanctions on Russia after its invasion and annexation of Crimea and invasion and informal annexation eastern Ukraine will pile more pressure on the Russian energy industry. Europe has sought and continues to seek alternatives Russian natural gas (among them, U.S.

Russia 150
article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

and EU Ukraine-related economic and financial sanctions. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Saudis have repeatedly cut pricing to undercut competitors to maintain market share in the critical U.S.

Russia 150