I hate stuff like this without complete information (I do blame my lack of knowledge). This seems like a really good thing, however is it really.
Hoping this is a good thing, so I am not being negative. But don’t they need to supplement this supply during really cold winters? What is the burn rate of this inventory with a really cold winter and a trickle of supply replenishment?
Aren’t they still making people conserve fuel and a lot of homes are burning wood? Or is all this a thing of the past?
“But don’t they need to supplement this supply during really cold winters? “
The nat gas in storage will supplement on going supplies. The EU is still getting piped nat gas from several countries (norway, algeria, belgium/netherlands) plus continuous LNG shipments.
The storage isn’t the sole supply.
“Aren’t they still making people conserve fuel and a lot of homes are burning wood? Or is all this a thing of the past?”
Conservation is still needed for sure.
But winter will come and go.