Falter? I hadn’t heard that the price of gas in Germany had fallen down to $1/gal., or even to what it was before the invasion.
To me, it is disingenuous to conflate the price of gasoline for automobiles and their prices with what is happening on the natural gas front. Europeans aren’t gonna heat their homes and apartments with automobile gasoline.
“Falter? I hadn’t heard that the price of gas in Germany had fallen down to $1/gal., or even to what it was before the invasion.”
For Russian Natural Gas via pipeline, it was a bit under $1 gallon equivalent energy content to crude. That’s why they were laughing at Trump - they simply figured Trump was trying to move-in and take over with a much more expensive product (LNG).
Then with Europe now bidding for LNG, the price of LNG went up to $15 (gallon crude equivalent), now it’s around $8 as people as storage reserves are getting topped off. The problem is that the reserves only hold a small amount, and when the cold weather hits, Europe needs an almost continuous flow of gas. The WSJ will learn that the hard way, I guess.
—” I hadn’t heard that the price of gas in Germany had fallen down to $1/gal”
Gasoline has NEVER a dollar gallon in Germany.
Pls, post your name at the top of any replies to make it faster to skip over your total BS from another vatnick.
Date Value
Dec 31, 2016 5.26 USD/gal
Dec 31, 2014 6.81 USD/gal
Dec 31, 2012 7.42 USD/gal
Dec 31, 2010 7.19 USD/gal
Dec 31, 2008 5.91 USD/gal
Dec 31, 2006 5.87 USD/gal
Dec 31, 2004 5.53 USD/gal
Dec 31, 2002 3.90 USD/gal
Dec 31, 2000 3.44 USD/gal
Dec 31, 1998 3.63 USD/gal
Dec 31, 1995 4.24 USD/gal
Petrol prices have dropped by 20%. Still above pre 24 feb levels, but not by much
A few years ago, I seem to recall the European gas price per gallon was something like $6 or $7. Last Friday I was very happy to pay $3.06/9 at a gas station near Front Royal, VA. I hope it will be even lower when I head the other way tomorrow.