Can Europe Keep the Home Fires Burning?

Published on
September 13th, 2022
Duration
55 minutes


Can Europe Keep the Home Fires Burning?

The Essential Conversation ·
Featuring Andreas Steno Larsen and Maggie Lake

Published on: September 13th, 2022 • Duration: 55 minutes

Headlines will tell you that Europe is in for a tough winter, with Vladimir Putin cutting off Russian natural gas exports at the onset of the heating-demand season. But is this “crisis” overblown? Real Vision’s Senior Markets Editor Andreas Steno Larsen joins Maggie Lake to separate fact from narrative when it comes to the European energy story – and to explain why he’s bearish on natural gas over the next three to four months. "Europe is not going to freeze,” Andreas forecasts, “but they are stuck in a big mess this winter." Andreas and Maggie also talk about the differences between the U.S. and the E.U. when it comes to growth as well as polarization and disinformation in the energy space and whether authorities have a plan (or even the power) to counter these problems. "We need to look at what’s already priced in" when it comes to Europe, notes Andreas. That’s the key to how he’s trading energy right now. Recorded on September 8, 2022.