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re: Germany is heading toward an electricity crisis

Posted on 8/28/22 at 6:18 am to
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 8/28/22 at 6:18 am to
quote:

already factored into the market


This is pretty much the general consensus on the OT Money Board.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466943 posts
Posted on 8/28/22 at 6:44 am to
quote:

This is the Global Elitist's plan. We have been trying to explain this to everyone for years.

What?

Putin has been put on a pedestal as the guy fighting globalists.

How can his decision to cut off Europe be part of a globalist plan?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466943 posts
Posted on 8/28/22 at 6:46 am to
quote:

I just can't believe that Europe would rather virtue signal over Ukraine instead of having functioning economies. When are some realists going to step up and tell the State Department to fly a kite?

Backing down now would mean (1) they implicitly give Putin the authority to do whatever he wants and (2) they have to admit Putin beat them.

This would likely raise major questions about if NATO even exists anymore, which could be more costly in the long run. Imagine the chaos if NATO's European power is legitimately questioned, especially in areas of Eastern Europe who are now in the sights of Putin's sphere.
Posted by ragincajun03
Member since Nov 2007
27613 posts
Posted on 8/28/22 at 7:07 am to
quote:

The USA better start drilling, and NOW!


Rig count is WAY up from a year ago.

Lack of infrastructure to move increases doestic product and lack of refining capacity is the issue right now, not a lack of drilling.
This post was edited on 8/28/22 at 7:09 am
Posted by CitizenK
BR
Member since Aug 2019
13946 posts
Posted on 8/28/22 at 7:11 am to
Germany has 5 floating LNG terminals connected by Jan 1st It's natural gas storage is on track to be 95% full by Nov 1
Posted by Azkiger
Member since Nov 2016
27007 posts
Posted on 8/28/22 at 7:16 am to
quote:

and their share is in fact e-x-p-a-n-d-i-n-g.


Under Biden, Obama, and Bush (who you now slob-nob as a true principled Republican because orange man bad).

Why didn't Russia invade while their puppet was President?
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
30737 posts
Posted on 8/28/22 at 7:39 am to
quote:

Putin has been put on a pedestal as the guy fighting globalists

How can his decision to cut off Europe be part of a globalist plan

Exactly. Not every unfavorable geopolitical event can be attributed to "the globalist plan"; in fact Putin throws a flaming monkey wrench into such a "plan" as did The Magnificent One.
Posted by Pepperoni
Mar-a-Lago
Member since Aug 2013
4153 posts
Posted on 8/28/22 at 7:41 am to
Kraut Dawg

The energy crunch coupled with new COVID regs beginning October could make for an interesting Winter in Germany.

Posted by texas tortilla
houston
Member since Dec 2015
4049 posts
Posted on 8/28/22 at 7:59 am to
LINK very predictable. not my fault, it's climate change.
Posted by The Maj
Member since Sep 2016
30543 posts
Posted on 8/28/22 at 8:06 am to
Not really our problem until this administration starts shipping energy and food to Europe to the detriment of this country…

Book it, it will happen…
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297304 posts
Posted on 8/28/22 at 8:11 am to
quote:

Not really our problem until this administration starts shipping energy and food to Europe to the detriment of this country…


We're doing Germany's work regarding Russia/Ukraine.
Posted by Azkiger
Member since Nov 2016
27007 posts
Posted on 8/28/22 at 8:18 am to
quote:

Backing down now would mean (1) they implicitly give Putin the authority to do whatever he wants and (2) they have to admit Putin beat them.


For now, yes.

Ramp up their own natural gas production and that won't happen again.
Posted by Azkiger
Member since Nov 2016
27007 posts
Posted on 8/28/22 at 8:20 am to
quote:

very predictable. not my fault, it's climate change


Climate change is progressive's Satan. Just blame everything bad on him.
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
30737 posts
Posted on 8/28/22 at 8:23 am to
quote:

Rig count is WAY up from a year ago

Exactly. Drilling is again profitable
Posted by DMAN1968
Member since Apr 2019
12623 posts
Posted on 8/28/22 at 8:30 am to
quote:

Germany has 5 floating LNG terminals connected by Jan 1st

I'm not seeing that...I may be wrong.
quote:

Shipping companies Hoegh LNG and Dynagas will each provide two of the LNG terminals -- which together have the capacity to convert at least 20 billion cubic meters of the super-cooled gas per year, about a fifth of Germany’s needs


quote:

The plan is for the first terminal to go online at Wilhelmshaven on Germany’s northwest coast around the end of this year, with another up and running in nearby Brunsbuettel in early 2023


quote:

Wilhelmshaven and Brunsbuettel, both located northwest of Bremen, are scheduled to go into operation as early as this winter....The terminals in Stade and Lubmin will not be ready for operation until the end of 2023 at the earliest, according to the ministry.
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
30737 posts
Posted on 8/28/22 at 8:30 am to
quote:

an interesting Winter in Germany

Der Winter...ist kein Problem.

The Germans started and lost a world war, endured record hyperinflation, started and lost another disastrous world war, endured the division of its territory, and are once again Europe's strongest economy.

Never underestimate Teutonic resolve.
Posted by SeeeeK
some where
Member since Sep 2012
30685 posts
Posted on 8/28/22 at 8:32 am to
green energy, it's fantastic
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466943 posts
Posted on 8/28/22 at 8:44 am to
quote:

For now, yes.

Ramp up their own natural gas production and that won't happen again.

But by that point Ukraine has fallen and who knows what other country Russia invades. You didn't quote the 2nd part, but if NATO is seen as invisible/weak, then Eastern Europe and the Baltic areas will be in chaos. Poland, Romania, Estonia, Latvia, the former Yugoslavian countries, Czech Republic, and Slovakia will may all fall to Russian influence.

I'm not even talking in terms of European power but just the human cost.

Also, while I know this board cheers on devolution and loves the concept of the strong man/dictator, this would not be a positive development. War, international chaos, disrupting the global community, disrupting trade, etc. are all very costly. Just look at the effects and costs of when we did this under GWB and this board and almost every poster scared of "globalism" today supported until about 2016, mind you).
Posted by RCDfan1950
United States
Member since Feb 2007
38766 posts
Posted on 8/28/22 at 8:48 am to
quote:

The USA better start drilling, and NOW!



The oil production infrastructure is in place as Trump had it rolling. It's the money part that is the problem, and that can be remedied pretty quick with the right monetary policy. Investors cannot operate when one Administration respects Capitalist Principle and the next just willy nilly throws it out the window.

For Europe and energy dependent Nations like Germany, where do they get the money to purchase high priced energy when their economy tanks? They will learn a hard lesson this Winter. As will a lot of Third World populations.

The weakness of Marxist Ideology has always been the 'greed' factor, as individuals will be motivated and exceptionally productive if they are allowed to keep the fruits of their exceptional labor and enterprise. If and to the degree that the 'government' forces them to share with unmotivated and unproductive peers then productivity, availability and societal largesse (GNP) goes away. Printing money to fill the gap between the Middle and Lower Class only works for so long, as the monetary system upon which productive enterprise is based, collapses. That is where we are.

The Spiritual and Cultural dynamic of whether or not a Capitalist (Materialist, Narcissist, Hedonist, etc.) based Culture is either sustainable or desirable (Spiritually) is an altogether different argument. The North American Indians that were here before our (European) Culture conquered them would scoff and laugh at our idea of 'Freedom' as most who serve such and claim to be 'free' throw their children in a day care and fight through the traffic to sit in some room or go to a job that they would otherwise abandon in a heartbeat if they won the lottery.

Spirituality is not for everybody. "...few there be that enter therein". In this particular Human evolutionary paradigm/time (unique Parallel Universe?) it seems that this is the 'buffet' version of Reality...wherein people examine the Spiritual possibilities by trial and error. Pretty problematic, but very interesting. Until the lights go out anyway.
Posted by LSU7096
Member since May 2004
2934 posts
Posted on 8/28/22 at 8:51 am to
Merkel's legacy of being Putin's stooge.
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