Mark Rosanno—What the Nord Stream Sabotage Means for Global Energy Markets
Natural gas is obviously an important component to heating homes in Germany and throughout Europe this winter. But on September 26, 2022, the Russian Nord Stream pipeline was sabotaged.
So, what happened, exactly? And how will the Nord Stream disruption impact energy markets around the world?
Mark Rosanno is a financial industry veteran with expertise in global financial markets and the supply chain. He is also Founder and CEO of C6 Capital Holdings, a firm that provides investment and consulting services with a focus on global product flows.
On this episode of The Wiggin Sessions, Mark joins me to discuss what the Nord Stream sabotage means for Europe as the frigid winter months set in and explain why the US can’t replace the LNG capacity lost by the Russian pipelines.
Mark describes why energy prices in the US are likely to rise in the coming months and how the Jones Act of 1920 hinders energy flow in America today.
Listen in for insight around the problem with green energy policy and learn how to turn the approaching crisis into opportunity by investing in energy markets.
Key Takeaways
The sabotage of the Russian Nord Stream pipeline that supplies Europe with natural gas and who might be responsible for the attack
What the Nord Stream sabotage means for Europe as the frigid winter months set in
The process of shipping and storing liquid natural gas and why the US can’t replace the capacity lost by the Nord Stream pipelines
How the sabotage of the Nord Stream pipelines might impact Americans
Why energy prices in the US are likely to remain elevated in the coming months
Why Senator Manchin’s Mountain Valley Pipeline deal was stripped from the climate bill
How green energy policy is disconnected from the practicalities of providing a safe, effective energy supply
Why the Jones Act was passed in 1920 and how it affects energy flow in the US today
Why Mark predicts rolling brownouts should we experience a massive cold spell this winter
Mark’s advice for investors on putting money in LNG facilities, tankers, E&P producers and pipelines
How Mark thinks about the current challenges with hydroelectric power (e.g.: Lake Mead)
Connect with Mark RosannoPrimary Vision Network on YouTube
Mark on Twitter
Email mrosanno@c6capitalholdings.com
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
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Twitter @WigginSessions
Resources5 Minute Forecast
Mark’s Free Energy Report
Nord Stream Attack
Mark on The Wiggin Sessions EP057
The Jones Act
Kinder Morgan
Henry Hub
Senator Manchin’s Mountain Valley Pass Deal
COP26
Cheniere
New Fortress Energy
Golar LNG
Southwestern Energy
Range Resources
NVIDIA
Hydropower on Lake Mead
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