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re: EU Energy Crisis
Posted on 8/31/22 at 7:01 pm to jp4lsu
Posted on 8/31/22 at 7:01 pm to jp4lsu
Meanwhile Germany is proudly announcing that their gas stockpile is 80% full and should be at 100% next month.
What they don’t mention is that they paid 10 times the price for that gas that they did last year. They paid it because they really didn’t have an alternative, despite all the crowing about renewable options. If those renewables were a viable alternative, why did they willingly pay 10 times the usual cost for natural gas?
So they filled up the stockpile with crazy expensive gas, now those costs are being passed along to electricity users and everyone is panicking.
What they don’t mention is that they paid 10 times the price for that gas that they did last year. They paid it because they really didn’t have an alternative, despite all the crowing about renewable options. If those renewables were a viable alternative, why did they willingly pay 10 times the usual cost for natural gas?
So they filled up the stockpile with crazy expensive gas, now those costs are being passed along to electricity users and everyone is panicking.
1
Posted on 8/31/22 at 7:30 pm to Lightning
quote:
What they don’t mention is that they paid 10 times the price for that gas that they did last year.
They also don’t mention that even at full storage they’ll need constant flow through the winter. Seems like russia has pretty much taken care of that this winter. Pain for Europe and they did it to themselves. America needs people to step up and push back to avoid the same mistakes.
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