Energy Crisis in Europe - thread

Discussion in 'Politics' started by TreeFrogTrader, Aug 29, 2022.

  1. smallfil

    smallfil

    Those pipelines are pretty thick too. To destroy it, someone would have to have technical knowledge on what it would take to blow it up. Also, how was Russia able to slip into Denmark and Sweden when they are guarding their borders? Other NATO countries have access to that supposedly, secure area. No security video at all? Highly suspicious and looks the work of NATO operatives allowed access to the area?
     
    #61     Oct 2, 2022
  2. Cuddles

    Cuddles

    can always count on the cap'n for the garbage take.
     
    #62     Oct 2, 2022
  3. gwb-trading

    gwb-trading

    At this point they have already identified the Russian warships by name that participated in blowing up the pipelines.
     
    #63     Oct 2, 2022
  4. gwb-trading

    gwb-trading

    Vladimir Putin's 'gas blackmail' is failing as an LNG revolution allows Europe to end its dependence on Russia
    https://www.msn.com/en-us/money/sav...s-yale-professor/ar-AA12PJrL#image=AA12Q8fD|2
    • Russian efforts to upend the European gas market are on the brink of backfiring, according to Yale's Jeffrey Sonnenfeld.
    • He said Monday that thr relationship between Russia and European buyers is shifting in the EU's favor.
    • "Gas is becoming a buyers market," he wrote.
    Russia's plan to wreak havoc on the European gas flows could sharply backfire as the market shifts in the European Union's favor, according to Yale professor Jeffrey Sonnenfeld.

    Sonnenfeld wrote in a Financial Times column Monday that the relationship between Russia and Europe has changed, and Europe no longer depends on the Kremlin's energy flows. However, he says, Moscow still depends on European buyers.

    "Much attention has been focused on the demand side of the market equation: the reduction or destruction of demand, rationing and switching away from natural gas," Sonnenfeld said. "Basic economic reasoning, however, means we should not forget the supply side."

    Sonnenfeld added that upon further analysis, Europe is actually fully capable of replacing Russian supply "without any need for demand destruction or even substitution away from gas." Europe is already purchasing enough gas and liquefied natural gas from alternative sources to make up for the loss of Russian flows. Europe is taking advantage of strong purchasing power over smaller countries in Asia, however, to secure the alternative LNG and outbidding competitors.

    Still, analysts have warned that the coming winter will be difficult for Europe as energy prices remain high at a time when households are dealing with a broader cost of living crisis.
     
    #64     Oct 11, 2022
  5. Atlantic

    Atlantic

    better do not underestimate the european union.

    and never EVER underestimate the spirit and power of peace and freedom.
     
    #65     Oct 11, 2022
  6. gwb-trading

    gwb-trading

    #66     Oct 13, 2022
  7. #67     Oct 13, 2022
  8. UsualName

    UsualName

    See them rise, watch them fall:

     
    #68     Oct 18, 2022
  9. European Refiners Now Have Too Much Oil

    European refiners now seem to have more crude oil than they need—with the early panic about Russia’s dwindling oil exports—and the world’s subsequent oil shortage—proving to be overblown.

    Crude oil traders have pointed to Europe’s ability to source crude oil from Latin America, the Middle East, and the United States as the main cause for European refiners breathing a sigh of relief. Asia, too, has scooped up less crude oil than analysts were predicting, thanks to China’s neverending battle to obtain the elusive zero-covid goal.

    https://oilprice.com/Latest-Energy-News/World-News/European-Refiners-Now-Have-Too-Much-Oil.html


     
    #69     Nov 21, 2022
    gwb-trading likes this.
  10. Seems to be pretty early to be taking a victory lap, but if they have the goods and it is already in storage, then go for it.

    Scholz and Germany in general got off to such a clumsy start in responding to the Ukraine war and trying to figure out whether they were still Russia's buddies and would still get gas there, and then the German green party bitching about using anything other than granola for fuel, that I did not think they could get their shit together.

    No victory laps for Angela Merkel though. I am pretty sure that Vlad was bonking her back in the old days when they were both commies in East Germany.

    Ukraine war: How Germany ended reliance on Russian gas
    "Energy security for this winter is guaranteed," the Chancellor Olaf Scholz told MPs in the German parliament on Wednesday morning.



    https://www.bbc.com/news/world-europe-63709352
     
    #70     Nov 23, 2022