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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Can someone please explain what is the relation between Finland-Estonia pipeline and UK gas prices?
Energy is a global market.
If gas prices increase sufficiently where the pipeline gas is consumed, some suppliers that supply the UK may consider rerouting gas supply to capture the increased price and profit. This means less supply for the UK which increases prices there also until there’s a balance. Higher prices mean people will use less gas until the supply in each area is enough to meet demand.
Did then gas prices increase across the whole of Europe? (I'm don't closely follow this market). I know it's a UK newspaper, but the article seems to be very focused on UK and I didn't see this issue mentioned anywhere else.
I haven’t followed the effect of this particular shock on gas prices but generally with any supply shock it’ll depend on the magnitude and duration of the shock. The bigger the damage and longer it takes to repair means less gas delivered in the same time period.
If the shock is big and/or long (giggity), then I’d expect it to affect anywhere in Europe gas can be redirected from.