Posted on 10/18/2022 10:52:13 AM PDT by Hamiltonian
LONDON, Oct 18 (Reuters) - Dutch and British wholesale gas fell on Tuesday as low demand due to warmer-than-usual weather and ample supply due to the steady arrival of liquefied natural gas (LNG) tankers put pressure on prices.
The benchmark front-month Dutch contract dropped for the fifth consecutive trading day and was down 13.50 euros at 116.50 euros per megawatt hour (MWh) by 0858 GMT, the lowest level since mid-June.
The British day-ahead contract fell by 23.00 pence to 35.00 pence per therm
"Weak demand and comfortable supply continue to exert strong downward pressure. New weather forecasts pointing to warmer temperatures provide additional downward pressure," said analysts at Engie EnergyScan.....
The steady arrival of ships carrying LNG to Europe has also eased concerns about shortage of supply as Russia has progressively cut gas flows.
However, there are more than 35 LNG-laden vessels drifting off Spain and around the Mediterranean, and ports remain busy for unloading.
"The drop (of Russian supplies to Europe) has now nearly been completely absorbed by the market, which is a promising omen for Europe at the start of the winter," analysts at Marex Research said...............
(Excerpt) Read more at finance.yahoo.com ...
There ya go. Yahoo news taking up the lackey slack for the Democrats.
Love it. You said it with one image. Season one with him was the best. It was all downhill from there.
I will not read the final book, because the TeeVee writers killed Daenerys.
LOL!
The Chummies played games with the turbines.
YOUR GOVERNMENT IS A PILE OF DOGSQUEEZINS.
Even some of your own provinces are rebelling against your authoritarian Commie rulers.
Sean Bean always gets kilt - unless he's in a Sharpe episode.
“Sean Bean always gets kilt - unless he’s in a Sharpe episode.”
Great and real actor. I have not seen any Sharpe. (Winter is Coming)
I never read any of the books. I stopped watching after season four. When the last episode was a convenient blood letting fest. To get rid of various characters. Perhaps due to budget reduction orders from HBO?
Game of Thrones — Each season got more ridiculous than the previous one.
That's a George RR Martin thing.
He DOES enjoy killing off characters.
The books are pretty good - but I had to create a new method of reading them [for me].
Martin does that character chapter shifting thing, where you read a chapter or two about one character, then segue to another character and place.
It's very confusing and annoying.
So, I write all the chapters down, then read about one character for a dozen chapters or so.
There are at least two winters that will come and go before they get it resolved.
Russia isn’t a reliable supplier? You lie. The sanctions did everything to shut down as much of Russian exports as they could and then when they still kept exporting energy to Europe which is funding weapons to be used against them then America blew up Nord Stream 1 and 2.
Germany added two floating gas terminals this year already, and will have five total by next winter.
These are expedient conversions of tankers.
https://www.reuters.com/business/energy/germany-charters-fifth-floating-lng-terminal-2022-09-01/
This all multiples German terminal capacity by 3X or so.
However, I'll take this opportunity to educate you for free:
An ignorant desire to put money into the Kremlin's pockets instead of Cherniere/Range Resources/Southwestern/Apache/Etc. stockholder dividends is anti-American.
Would you care to elaborate on your theory?
Tovarishch
Gazprom started threatening to cut shipments to Europe once the sanctions started, long before Russian incompetence caused issues with the Nord Stream pipelines.
Says the Soros shill.
You have an ignorant desire to take money from the pockets of fixed-income American seniors.
As anti-American and pro-globalist as you can get.
Continue to take Schwab's Shilling, neobot.
Didn't work. Keep tryin', numb nuts.
You are obviously ignorant of many things about the U.S.
Switzerland chilly this time of year, Klaus?
We can call you a "seminar poster"...
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