Posted on 10/27/2022 11:12:23 PM PDT by Paul R.
In this video I discuss the recent FALLS in Natural Gas prices and look at the reasons why European Demand is now decreasing. I also look at the European & Russian DEPENDENCY on Gas, the issues relating to conversion to LNG, what is happening with CONSUMER PRICES and what the WEATHER is forecast to be in Winter 2022. Finally I provide my view on the implications of the current situation for both Russia & the GLOBAL ECONOMY.
BS
Bullcrap. The winter here according to Farmers Almanac is going to be bitter. Germany is on a Latitude the same as Canada. They won’t escape LOL
The Euro weenies are going to freeze, and I’ll be warm as a laugh at them on TV.
Anyone with half a working brain can simply view the vids put out by anti-Russia UK bloke ‘Joe Blogs’ and get a sense of the steady BS the idiot pumps out.
That said:
‘Russia’s Gas Giant Will See Revenues Surge 85% This Year’
https://oilprice.com/Latest-Energy-News/World-News/Russias-Gas-Giant-Will-See-Revenues-Surge-85-This-Year.html
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Let’s play a hypothetical game of sorts:
Which economy will implode first - Europe’s, the UK, the US or Russia’s?
Europe has the benefit of the jet-stream. Their winters, despite being on the same latitude, are typically warmer than the Mid-West.
Why U.S. gas prices are going back up and who's to blame
https://fortune.com/2022/10/06/why-gasoline-prices-rising-again-where-they-could-go/
Don’t forget the 25-day supply of diesel fuel.....
Oh yes. Tucker just did a segment on it.
Factually, the current pricing in Europe for natural gas is at the same price where it was in late June, and one-third of the peak price in September. I do agree...its still nowhere the May 2021 price (in the mid-20 Euro range).
There are three elements at work here...unseasonably warm fall weather throughout central Europe, consumers are using less natural gas (not a lot but enough), and simply a overage of natural gas in reserves. Last week, several LNG ships were reported in a sitting-pattern along coastlines because the pricing is not in the favor of natural gas companies.
Indeed, he did.
They have been sounding the alarm since yesterday morning.
Saw such reports via Maria B’s morning business show on FOX and they ran with it all day long.
Complete BS. The German demand is likely to reduce due the the exodus of manufacturers to the US and China but there is going to he a shortage anyway and the lower prices are temporary.
I’m not in this for and argument. If our winter drills into super cold with no heating oil or diesel to bring trucks with food? What then? Guess you could eat your neighbors but they got guns too.
Paul R.
Yeah, right.
You go gurl !
I posted many times that I felt Europe will be getting a warm winter. Thus screwing Bad Vlad’s evil plans. If your hero is Vlad, you are a tosser.
Winter is not going to work for the Russkies this time around. Compared to WW2.
God has a sense of humor
Indeed
You are correct.
Their winter weather is light jacket for you and sweater for me.
Tell me you’re not quoting the Farmers Almanac. God and Mother Nature talking to you? They boys in Bastogne there in 1945 had a wonderful winter there.
“Tell me you’re not quoting the Farmers Almanac.......”
Which has nothing to do with the European winter. They are US winter predictions only.
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