Post
Topic
Board Economics
Re: Germans are looking to firewood for energy as natural gas prices soar
by
Smack That Ace
on 21/10/2022, 09:38:57 UTC
While the Kremlin propagandists and their stooges are screaming and hysterical, trying to intimidate Europe, the reality looks like this:

"It took Europe 8 months to find an alternative to Russian gas," said the head of the European Commission, Ursula von der Leyen.
"At first, we assumed that the Russian gas cutoff would last 7 years. Today, the facts are as follows: it took us only 8 months to replace two-thirds of the supply," she said.

And now the most important nuance - the international terrorist country has lost this market FOREVER! And besides selling to countries that don't care about "blood oil" (such as China and India), there are no options left. But there is also a nuance here - China and India are so "friendly to Russia" that they "put Russia on their elbows" and forced them to sell oil at a dumping price.

It can be said that the EU may already have enough gas for this winter, but the EU really found a replacement for Russia in the future, I won't believe what you say. I dare to bet you that they have not been able to find a solution to replace the huge supply from Russia, gas from Norway is not enough for the whole of Europe, LNG from the US has become too expensive and not to mention transportation costs. In 2021, the price of ships carrying LNG will be from 30,000 to 300 thousand USD/day, but now this cost has exceeded 500 thousand/day and may continue to increase. This is seen as a temporary solution because winter has come and EU governments have almost run out of solutions, I believe they will soon find a way to reconnect the gas pipeline to Russia in any case.