Europe doesn’t plan to import from Russia and Nord Stream 2 likely won’t restart, which forces Europe to rely on US Natural Gas exports.

With that increased demand, many new projects will likely be coming online in the next few years as long as this continues, which bodes well for $POWL who helps build the electrical infrastructure for many of those projects.

Likely was a few weeks too early in the name, but do believe long term the company will do well.