Winter Energy Price Crisis

THE WARNING

Europe's energy commissioner wrote to all 27 ministers: a price crisis is coming.

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70 PERCENT

Gas storage sits far below last year's levels. The 90% target is out of reach.

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80 PERCENT

Europe imports four-fifths of the gas it burns.

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THE COLD

One cold winter away from a price spike with no ceiling.

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THE FIX

Turn down the heating in public buildings. Demand destruction — as policy.

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THE ADMISSION

Brussels quietly lowered the bar: 90% storage was a fantasy.

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THE BILL

Winter is coming. So is the invoice.

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