News

Germany Has Enough Gas for Less Than 3 Months on Russia Cutoff

Bloomberg · Vanessa Dezem · last updated

Germany’s natural gas reserves may be filling faster than normal, but the country will still struggle to have enough fuel to get through the coming winter.

Related Knowledge Center: Energy security and pricing

State of Play

The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.

More informationabout Energy security and pricing