https://www.rt.com/business/581097-eu-gas-price-shock/ EU hit with new gas price shock The cost of September futures surged nearly 40% after reports of an upcoming strike at LNG facilities in Australia This is the chart with the price for the last year: prices are down from september last year by 85%. Yeah you can trust Russian media very well. Works for stupid Russians very well.
In Russia terror on the people and huge repression make the average Russian afraid. Showing a white paper is already enough to be put in prison for 15 years. Murderers who fight 3 months go free. Russia has a very special court organization. In all electronic devices in Russian there are by law chips installed to completely control all the slaves, sorry I mean all the Russians. Today a man send the coordinates from the air defense system near the Kerch bridge to Ukraine. A few hours later he was caught. All Russian are constantly followed and all communications they make are registered by the FSB. So if I have contact with Russia or Crimea we never speak about politics or the war. Too dangerous. I get information from people who go to Russia or Crimea and speak with people. These conversations can not yet be recorded by the FSB. Only old people are pro Putin, as well as the poor Russians who need cheap wodka to survive the misery they live in. Intellectual people are against Putin, except those who work for the government. Watch this video and you will see at 00:54. In Dutch but I translate. I am not sure that you can watch the video, even I cannot at this moment. https://www.hln.be/video/productie/inwoners-getuigen-over-droneaanvallen-in-moskou-392627 A reporter asks to this woman:" What happens? Why are drones crashing in buildings in Moscow?" Her answer:"Boy, that's a provocative question. If I say something now, they will come tomorrow and take me. So I will say nothing." Her answer shows clearly how afraid people are. She says it is a provocative question. So that means that she understands that she should be careful about what she will answer. Clear signs of repression. She is even so stupid that she confirms that she will be arrested if she is telling what she wants to say. So she confirms she is against the war, but is afraid to tell it. If she would be pro war she would not say that it is a provocative question, and she would not be afraid to give her opinion. She would glorify what Putin is doing. But she does not.
NG has been great for day trading due to its high volatility. Even the New York Mercantile NG futures also have great volatility. The average day range is around 4%. When there is a major crisis (eg Russians shutting down the gas pipeline to Europe), day range could easily hit 10%. It is not that straightforward to store NG due to its flammability & high cost. So ended up supply vs demand can change rapidly & massively.
OMG!!! For real??!! I thought Russia is doing much better economically now that they have market economy and is supposed to have some kind of "democracy"? Still millions of people that have no heating, no drinking water and no toilets?? So this is back to the soviet time under the communist regime then?
how much oil, gas and coal is there in "russia"? and still so many people who freeze. how much wheat, potatoes, ... is there in "russia"? and still so many people without enough to eat. "russia" is - by far - the biggest shithole country in history. bbbut - they have the most nukes ... drunk morons.
Even the German "Der Spiegel" says the same as that in the OP: https://www.spiegel.de/wirtschaft/s...aerten-a-b04569d0-00fe-4b33-84fd-926c51b9d4a1 " Die Menschen in Deutschland müssen sich nach Ansicht der Wirtschaftsweisen Veronika Grimm auf harte Zeiten einstellen. In der gegenwärtigen Stagnationsphase der deutschen Wirtschaft [...] mit sehr geringem oder sogar negativem Wachstum müssen sich die Menschen auf Härten einstellen. Es kommt zu realen Einbußen. [...] Bei der Gasversorgung kann es durchaus wieder eng werden«, sagte Veronika Grimm [...} Was für den letzten Winter galt, gilt für diesen Winter auch. [...] "