Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Paul R.

Anyone with half a working brain can simply view the vids put out by anti-Russia UK bloke ‘Joe Blogs’ and get a sense of the steady BS the idiot pumps out.

That said:

‘Russia’s Gas Giant Will See Revenues Surge 85% This Year’
https://oilprice.com/Latest-Energy-News/World-News/Russias-Gas-Giant-Will-See-Revenues-Surge-85-This-Year.html
.
.
.
Let’s play a hypothetical game of sorts:
Which economy will implode first - Europe’s, the UK, the US or Russia’s?


4 posted on 10/27/2022 11:25:11 PM PDT by cranked
[ Post Reply | Private Reply | To 1 | View Replies ]


To: cranked

That revenue surge only lasts as long as gas prices stay very high, which they have not. Instead, they have recovered to about 100-108 Euros / MW-Hr. (Dutch TTF) That is still a bit high (not as high as Dec. 2021), but, IMO current prices are almost ideal: Prices are high enough to drive additional supply, but not so high as to cause economic collapses.

Is a fall from ~340 Euros / MW-Hr in late August to 100-108 Euros / MW-Hr now, a “collapse”? Russia is giving about a 30% discount to China and India, and it’s total gas export volume is much reduced. The New Year approaches. Your call.


29 posted on 10/28/2022 1:30:59 AM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson