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European gas prices likely to fall sharply this winter, says Goldman Sachs
theguardian.com ^ | September 13, 2022 | Alex Lawson

Posted on 09/13/2022 10:06:55 PM PDT by Berlin_Freeper

European countries can withstand Russia’s gas cuts this winter as supply headaches may have been “successfully solved”, according to analysis by a leading US bank.

Goldman Sachs said the price of gas was likely to more than halve this winter as efforts by EU countries’ to avoid big shortages this winter prove effective.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
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To: Berlin_Freeper

As you claim to be speaking for those I am not speaking for.
You funny.
Go collect your daily ration of firewood, good Citizen.


41 posted on 09/13/2022 11:55:36 PM PDT by cranked
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To: Mark17

More better:)


42 posted on 09/13/2022 11:55:56 PM PDT by Ken H (Trump /DeSantis)
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To: calljack

They probably found ways to utilize all the Brussels hot air.


43 posted on 09/13/2022 11:56:23 PM PDT by NorseViking
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To: cranked
As you claim to be speaking for those I am not speaking for.
You started off crank and now you are CRACKED.
Anything else I can help you with crank?
We all know why the most people of EU and Germany have been gathering firewood, we read about it near daily and it ain’t because its just people with fireplaces burning firewood.

44 posted on 09/13/2022 11:59:26 PM PDT by Berlin_Freeper
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To: cranked

Since when would bankers know about supplying gas?

Secondly, GS bringing up their projected cost of it is a Red Herring as the issue is about the total number of people who will need gas, how much they will need, and if there will be enough available to meet that need.

It wouldn’t matter even if price controls were brought into play.

If a town, for example, needed 1,000 bottles of water and only 500 was available, they would still be 500 short even if demand and lack of supply drove up the price and price controls kicked in to keep the price per bottle down.

Price controls or not, the town would still be 500 bottles short.


45 posted on 09/14/2022 12:27:50 AM PDT by Its All Over Except ...
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To: cranked

In conclusion, it’s sad seeing people here falling for fake news and worse seeing others peddle it, as we see with this article being peddled.


46 posted on 09/14/2022 12:29:56 AM PDT by Its All Over Except ...
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To: Its All Over Except ...
If a town, for example, needed 1,000 bottles of water and only 500 was available,
Post 13: Germany is set to cut off its dependence on Russian gas fully by the end of next year. The chancellor also celebrated efforts made to prepare for the coming winter.
47 posted on 09/14/2022 12:32:04 AM PDT by Berlin_Freeper
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To: Its All Over Except ...

Its All Over Except ... The Putin Stooges crying.


48 posted on 09/14/2022 12:33:14 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

My hedged gas bill plan went up 40% for this fall and winter...


49 posted on 09/14/2022 12:43:08 AM PDT by Freedom56v2
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To: 353FMG
Raise demand, Price increases.

Of course. His post was sarcasm.

50 posted on 09/14/2022 12:44:54 AM PDT by KevinB
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To: Berlin_Freeper

Solved ? I am dying to know the solution. Deforestation of Europe ?


51 posted on 09/14/2022 12:54:17 AM PDT by libh8er
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To: Berlin_Freeper

“Goldman Sachs said the price of gas was likely to more than halve this winter as efforts by EU countries’ to avoid big shortages this winter prove effective.”

Oh, what a Bidenesque statement.

EU gas prices shot up to nearly 4 times the previous year’s price. The good news is they will be halved. The bad news is it’s still twice what it was last year. SMH

EC


52 posted on 09/14/2022 1:21:32 AM PDT by Ex-Con777
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To: Berlin_Freeper

The Goldman Sachs guy is holding the chart upside down.


53 posted on 09/14/2022 1:23:56 AM PDT by Flick Lives (FJB and the corrupt FBI)
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To: Ken H

👍


54 posted on 09/14/2022 1:30:04 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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To: Berlin_Freeper

And ten dollars more for your firewood would break you?

How much firewood are you talking? A full cord? A half cord? One log?


55 posted on 09/14/2022 1:33:36 AM PDT by Flick Lives (FJB and the corrupt FBI)
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To: Its All Over Except ...

Apparently, warm out zones are a reality in Germany.
Needs more firewood!
Germany is the butt of the US.

‘Putin has a DEVASTATING message for Germany and the EU’
https://www.youtube.com/watch?v=JXP9inU3AG4


56 posted on 09/14/2022 1:56:08 AM PDT by cranked
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To: Berlin_Freeper

Cute. Your own version of “trust the plan” 😂


57 posted on 09/14/2022 2:14:20 AM PDT by JonPreston
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To: Flick Lives

How much can the price of firewood raise by?
I don’t use firewood but I think crank can tell you.
I can tell you cheese went up, 20 cents not 20 euros.


58 posted on 09/14/2022 2:57:02 AM PDT by Berlin_Freeper
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To: JonPreston

How is the weather in Ireland?
Is your donkey kept warm?


59 posted on 09/14/2022 2:58:36 AM PDT by Berlin_Freeper
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To: Berlin_Freeper
Don't know, I'm currently in Düsseldorf freezing my hintern off.


60 posted on 09/14/2022 3:03:16 AM PDT by JonPreston
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