It’s early, but I’d bet EU will not be ‘cold, dark and hungry’ this winter.
Posted on 12/02/2022 6:04:22 AM PST by SpeedyInTexas
European natural gas inventories fell by -100 BCF over past week.
EU nat gas storage 93% full.
Current inventories at 3577 BCF.
(Excerpt) Read more at celsiusenergy.net ...
Sorry that is -100 BCF from peak.
-60 BCF in past week.
“It’s early, but I’d bet EU will not be ‘cold, dark and hungry’ this winter.”
And no “rioting” as was predicted.
If this winter goes by without those things happening, there
will be people here genuinely sad about it. But thats what passes for “Christianity” for them.
There will be some here genuinely disappointed if
Oops sorry about the edit I didnt remove!
There will be some here genuinely disappointed if
Most likely record nat gas storage plus mild conservation will get EU through the winter.
A harsh winter could change that. A mild winter even better.
But its highly unlikely Europeans will be freezing to death. Countries would send nat gas to households while withholding from businesses if necessary.
Inside Bakhmut frontline 'littered with corpses' and 'colossal' losses
The Ukrainian commander of the Svoboda battalion, Petro Kuzyk, whose unit is one of those holding Bakhmut said his soldiers are staying in trenches full of corpses, fighting in extremely cold conditions and in knee-deep water against Russia's attacks.
... "I apologise for speaking slowly now, because I'm very cold – it's making me dizzy. I've now left the first line (since I was called). I'm warming up in the car, I'm almost falling asleep, because I haven't slept all this time. They charged yesterday, quite seriously. They felt a weakness in our defence, because (I will not name the numbers of the units, so as not to spoil their honour) there are units that are less motivated than ours. And yesterday they weakened our defence a little in the area just around the Bakhmut. Some units could not withstand this artillery onslaught and retreated.
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Aside from HIMARS Ukraine's front artillery has become smaller with less reach than those systems used on the other side. That will make it easier to counter it. Ukraine also has an acute lack of ammunition for those few weapons that still exist. It has long lost the artillery war.
The war in Ukraine is waged on an industrial level. But the 'west' and its Ukrainian proxy are not prepared for industrial warfare.
###
Ukraine and NATO allies facing 'major issue' amid heavy fight against Russian forces
A retired US general has pinpointed a "major issue" for NATO as the West look to keep up with ammo demands as fighting in Ukraine continues to eat up Western stockpiles.
Ukraine is burning through ammunition and shells at a faster rate than the West can maintain according to retired US Air Force Colonel Cedric Leighton.
The former commander believes that NATO lacks the industrial base to replace depleted stockpiles and Ukraine continues to demand ammunition to use against Russian forces.
Mr Leighton told CNN: "The defence industrial base of all these countries, the NATO countries in Europe as well as the United States it is really not built for this kind of war.
Kazan is the name of a city in RuZZia.
Is that where you live?
@visegrad24 1h
“The West’s plan to impose a price cap on USD 60 a barrel on Russia’s oil exports hit a diplomatic logjam in Brussels on today as Poland refused to support the such a high cap.
Poland argues that the cap must be set around USD 30 a barrel to do true damage to the Russian economy.”
Brent crude is still down for the day, about $86.
US NatGas is down on warm weather, and the continued shutdown of Freeport LNG terminal, which is expected to restart this month, but has not yet filed the paperwork.
Poland Approves $60 G7 Oil Price Cap
https://oilprice.com/Latest-Energy-News/World-News/Poland-Approves-60-G7-Oil-Price-Cap.html
“Poland agreed to the $60 cap with a caveat—the price cap also includes a mechanism for keeping the price capped at a level that is at least 5% below the market rate. The full details of the price cap plan will be published in the EU legal journal on Sunday, with all 27 EU countries now in line to officially sign onto the deal.”
Kicks in on Monday.
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