Posted on 11/10/2022 9:38:13 AM PST by SpeedyInTexas
European natural gas inventories rose by +16 BCF over past week.
EU nat gas storage 96% full.
Current inventories at 3667 BCF.
(Excerpt) Read more at celsiusenergy.net ...
Warm weather. Maybe global warming is saving EU. Hahaha.
“Europe’s Gas Use Slides 22% as Households Keep the Heating Off”
“Europe reined in its natural-gas consumption last month as households kept the heating off amid warm weather, providing some relief to a tight market ahead of winter.”
Despite all the stored natural gas, you do realize that this is ultimately NOT about the storage, this about the steadily increasing energy prices, etc. that are wrecking and will continue to wreck the EU/UK economies right?
Germany’s economy grew in the 3rd quarter. RuZZia’s shrank.
"Pain don't hurt." - Sparky Anderson FR neoconneds
"Cluebats are wasted on the clueless." - kiryandil
“Ship-borne LNG is cheaper and more reliable than piped gas that costs 5 times less.” - LNG Bob
Good storage helps control price. They have a few months breathing room on supply now.
Yes, of course....../s
“Energy Bills In Europe Are 90% Higher Than Last Year”
https://freerepublic.com/focus/f-news/4107843/posts
‘Inflation isn’t going anywhere. Just look at the latest data from Europe’
https://www.cnn.com/2022/10/31/economy/europe-inflation
“Germany’s economy grew in the 3rd quarter. RuZZia’s shrank.”
Okie dokie.
‘As Europe falls into recession, Russia climbs out’
https://www.economist.com/finance-and-economics/2022/10/11/as-europe-falls-into-recession-russia-climbs-out
Obviously there is no longer an energy shortage in the EU. Every thing looks peachy and so if there is no leak in the gas tanks we should expect no whining this Winter.
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