Jump to content

European gas prices collapse. Surprised?


Recommended Posts

Posted (edited)

In summer, several ATRL girlies were telling us that Europeans would be freezing to death en mass and gas prices would skyrocket to abnormally high levels if we don't allow ruzzia to commit genocide against Ukrainians.   

Well, gas prices have now plunged to the lowest level since September 2021 (!).  

EU gas benchmark TTF is trading sub-€65 per MWh:redface: It was at €334 per MWh in August. 

 

 

Edited by Brishka

Posted

The Russian propagandists here hate to see it!

Posted
2 minutes ago, YellowRibbon said:

The Russian propagandists here hate to see it!

They've been coping really hard recently. 

Posted
7 minutes ago, Brishka said:

In summer, several ATRL girlies were telling us that Europeans would be freezing to death en mass and gas prices would skyrocket to abnormally high levels if we don't allow ruzzia to commit genocide against Ukrainians.   

 

Well. its pretty evident and obvious what is going on.
The weather is on the west, and is helping (the good) Europe.
If the weather were to be horrible, the story would be another

Posted

As a European (Berlin) I will let you know, that this  `gas prices would skyrocket to abnormally high levels" is the case for end-consumers right now. Unfortunately the end-consumer will not benefit immediately from the current price development.

 

Background:
The article you´ve shared is around the industry prices. But the gas suppliers had to buy their gas already in summer 2022 (when the prices were insane), because otherwise they don´t have enough in stock for the winter season. So, the new price development won´t have an impact on the consumer prices at least until end of next year. 

 

Eg. I already got my letter from my gas supplier and the costs for heating will increase from 60 to 375 EUR per month. So the increase of gas costs is still the case.

 

IMPORTANT NOTE:
Just to avoid any misunderstandings ;-) From my POV the sanctions against Russia are more than justified. I just want to correct the misinterpretation on the current consumer gas prices.

 

 

 

Posted

But I'm sure our bills still won't go down :deadbanana2:

Posted

The COLLAPSE :jonny6:

Posted
6 minutes ago, Friedrichhainz said:

As a European (Berlin) I will let you know, that this  `gas prices would skyrocket to abnormally high levels" is the case for end-consumers right now. Unfortunately the end-consumer will not benefit immediately from the current price development.

 

Background:
The article you´ve shared is around the industry prices. But the gas suppliers had to buy their gas already in summer 2022 (when the prices were insane), because otherwise they don´t have enough in stock for the winter season. So, the new price development won´t have an impact on the consumer prices at least until end of next year. 

 

Eg. I already got my letter from my gas supplier and the costs for heating will increase from 60 to 375 EUR per month. So the increase of gas costs is still the case.

 

IMPORTANT NOTE:
Just to avoid any misunderstandings ;-) From my POV the sanctions against Russia are more than justified. I just want to correct the misinterpretation on the current consumer gas prices.

 

 

 

How could it increase by 6 times?! Insane

Posted
7 minutes ago, nathanspears said:

But I'm sure our bills still won't go down :deadbanana2:

Well, I’m sure most energy providers contract out months in advance so are not as sensitive to wild market changes.  

Posted (edited)
8 minutes ago, AlanRickman1946 said:

How could it increase by 6 times?! Insane

Liquefied natural gas is way more expensive than Russian gas and here are Germany's electricity sources:

 

okSkcli.png

 

Guess what happens when there's no wind

Edited by ProudLBS
Posted

Why are baguettes croaking then? I am genuinely curious.

Posted

And this is at peak consumption time :giraffe:

Posted

Can we just move on to renewable energy sources now?

Posted

Although I hate this mid overcast warm weather in the middle of winter, I do find it funny that all those 'NO we must suck russia's dick Europe will FREEZE' fascists got clocked :clap3:

Posted
3 minutes ago, Illuminati said:

And this is at peak consumption time :giraffe:

Exactly. Europe isn’t depleting its gas storages as fast as expected — or feared. Over the last seven days, Germany has managed to inject more gas into storage than it withdrew — unusual during the Christmas season. 

Posted

Now why are they still increasing household energy price? :redface: These capitalists :redface:

Posted

But is Putin suicidal yet? That's all that matters. :coffee2:

Posted

It's mostly cause of this, I believe... :priceless:

 

 

Posted
1 hour ago, nathanspears said:

But I'm sure our bills still won't go down :deadbanana2:

Like :rip:

Posted
53 minutes ago, pavi said:

It's mostly cause of this, I believe... :priceless:

 

 

Yes it's exactly because of this. We got lucky that this winter is way milder than normal. Let's hope we have enough sources so there are no issues if the winter cold.

 

The sanctions against Russia have made governments invest heavily in renewables though so the energy transition is happening at much faster rate thanks to this :cm:

Posted

Thank you global warming :clap3:

Posted
3 hours ago, Friedrichhainz said:

As a European (Berlin) I will let you know, that this  `gas prices would skyrocket to abnormally high levels" is the case for end-consumers right now. Unfortunately the end-consumer will not benefit immediately from the current price development.

 

Background:
The article you´ve shared is around the industry prices. But the gas suppliers had to buy their gas already in summer 2022 (when the prices were insane), because otherwise they don´t have enough in stock for the winter season. So, the new price development won´t have an impact on the consumer prices at least until end of next year. 

 

Eg. I already got my letter from my gas supplier and the costs for heating will increase from 60 to 375 EUR per month. So the increase of gas costs is still the case.

 

IMPORTANT NOTE:
Just to avoid any misunderstandings ;-) From my POV the sanctions against Russia are more than justified. I just want to correct the misinterpretation on the current consumer gas prices.

 

 

 

You’re getting ripped off then because the current price for new contracts is nowhere near 6x the old price. Look for a new provider.


anyway, this is the least surprising thing to ever happen, unless you mostly consume Russian propaganda. 

Posted
5 minutes ago, Dephira said:

You’re getting ripped off then because the current price for new contracts is nowhere near 6x the old price. Look for a new provider.


anyway, this is the least surprising thing to ever happen, unless you mostly consume Russian propaganda. 

in czechia it was very common too, 2, 4, 6+ times more than the prices had been before

 

ot: like someone else mentioned, industry prices are different for the costumer BUT i must say i noticed there are lower prices

Posted

well then why my energy bill is going up? As well as everything??? Capitalism is a disease 

Posted
2 hours ago, pavi said:

It's mostly cause of this, I believe... :priceless:

 

 

Who came up with this lie? :rip: It’s 10 degrees outside where I live and -0 in other countries.. 

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.