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To: House Atreides
Why is natural gas at the same price it was in 2021 a problem for Germany?

Chart of Natural Gas Price in Germany

32 posted on 08/14/2023 7:58:34 PM PDT by freeandfreezing
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To: freeandfreezing

There are those who want to believe that the alternate reality created in the Russian state news is real. The funny thing is, most of those people live outside Russia.


42 posted on 08/14/2023 10:44:08 PM PDT by Widget Jr (🇺🇦 Слава Україні! 🇺🇦 Sláva Ukrayíni! 🇺🇦 ☭ No CCCP 2.0 ☭)
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To: freeandfreezing

That’s an interesting graph. I tried taking it out to “10y”, but that doesn’t work. It may only be for subscribers. The 5 year chart however would indicate that German gas prices are indeed not at particularly problematic levels. Gas WAS very cheap in 2020*, but higher previously (not far off the present price). And I don’t recall predictions of doom when prices in 2021 went up to the level we now see (still declining) in 2023.

*Russian trolls and tools will commonly cherry pick that 2020 price as their basis for comparison. That’s very disingenuous, which is of course to be expected. I note the insult instead of a real answer to your post, though I must admit the admission of loss of IQ points to a simple data point is quite amusing!

One caveat: That graph does not indicate what volume of LNG is now being consumed in Germany, or its price, or if LNG is factored in already. LNG prices are certainly WAY down from summer 2022, and German imports are rising (and will continue to rise in coming years) swiftly.


43 posted on 08/15/2023 12:54:57 AM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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