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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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To: Paul R.; freeandfreezing
Germany's gas consumption and imports declined in 2022
Natural gas consumption in Germany from 2005 to 2022

German NG consumption dropped due to Russia's invasion followed by above average temperatures. The loss of imports from Russia was partially compensated by increased imports from other countries. As soon as Russia invaded, Germany immediately started moving away from Russian gas, and built a floating LNG terminal and made a long term deal for NG with Qatar.

In the short term for 2022 and 2023, German energy consumption and costs took a hit. Long term, they are working hard and fast to minimize the harm and recover (Russian Pravda leaves that part out).

An example of how Germany is working on their energy issues, and how Russian social media misrepresents them (posts #7 and #40), go to https://rp-online.de/, and search for "Marc Speiker" ("Marc", not "Mark"). Copy and paste the article texted into a online translator (direct link translation won't work in Google translate). Germany does have real issues with energy supply. They are working amazingly hard to stay on top of their energy issues.

59 posted on 08/15/2023 3:24:04 PM PDT by Widget Jr (🇺🇦 Слава Україні! 🇺🇦 Sláva Ukrayíni! 🇺🇦 ☭ No CCCP 2.0 ☭)
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