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To: ChicagoConservative27

https://tradingeconomics.com/commodity/natural-gas

What I find incredibly interesting is that ‘Germany running out of gas’ would not seem to be compatible at all with what is going on in the market where natural gas has been precipitously dropping in price to the point where right now, it is half of what it was in just mid-August. This is all based on various factors of which the biggest usually are ‘supply and demand’ and Germany (and Europe) aren’t the only ones in this position... but wouldn’t the idea of running out of gas drive the price up? Why isn’t it? I’m hoping that some smart Freeper can weigh in on this....


14 posted on 10/21/2022 7:07:44 AM PDT by hecticskeptic (The simple step of a courageous individual is not to take part in the lie. ~ Aleksandr Solzhenitsyn)
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To: hecticskeptic

Supply is up and new gas terminals are coming online as we speak. A supply model is or should be part of this forecast and not just a demand model.

Pricing should capture the situation best, if one is looking at it from the outside. Best are futures, if available.


18 posted on 10/21/2022 7:23:34 AM PDT by buwaya (Strategic imperatives )
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To: hecticskeptic
It is said that Germany filled its reserves so they may not be buying anymore and so demand is down.

However, I read an article where their reserves are set up to meet peak demand and require most of the reserves to be near capacity in order for sufficient pressure to force the gas out when needed. If they can, then they will need to continually refill reserves to keep the pressure up. So demand may go up thru the winter.

24 posted on 10/21/2022 7:45:24 AM PDT by who_would_fardels_bear (This is not a tagline.)
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