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re: Russia’s Gazprom Announces Record Profits Of $42B In First 6 Months, Stock Skyrockets

Posted on 9/1/22 at 8:13 pm to
Posted by Jack Carter
Member since Sep 2018
11227 posts
Posted on 9/1/22 at 8:13 pm to
quote:

Germany has been stockpiling this year and should well have 95% storage capacity filled by Nov 1.



LOL. Mindless Muppet

"analysts warn the bigger factor for energy security this winter will be whether countries can slash consumption enough to ensure stored fuel lasts through the coldest months."


quote:

Notice how natural gas prices at Europe's TTF exchange (like Henry Hub here) have dropped like a rock over the last week.


LMFAO! The market is massively overbought and is simply correcting. It didn't drop like a rock either. It dropped like a rock in March reaching the same high.

quote:

Also Germany should have 3 operational LNG terminals by Jan 1 all connected running


Permanently higher gas prices. Germans will be delighted
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