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Old 11-19-2022, 09:52 PM   #631
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^ Where's the gas coming from?
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Old 11-19-2022, 10:56 PM   #632
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Originally Posted by kompir View Post
^ Where's the gas coming from?
Other gas producing countries.

https://www.consilium.europa.eu/en/i...0and%20Nigeria.

Point is, they're not freezing this winter.
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Old 11-20-2022, 02:18 PM   #633
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How are people falling for the idea that Russia is bombing itself at the Zaporizhzhia NPP? -_-
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Old 11-20-2022, 05:52 PM   #634
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Originally Posted by Vangelovski View Post
Other gas producing countries.

https://www.consilium.europa.eu/en/i...0and%20Nigeria.

Point is, they're not freezing this winter.
Didn't you really mean to say other gas producing COUNTRY?
The USA (at 4 times the price).

Not really a long term solution. A great solution for USA though.
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Old 11-21-2022, 02:52 AM   #635
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Didn't you really mean to say other gas producing COUNTRY?
The USA (at 4 times the price).

Not really a long term solution. A great solution for USA though.
Did you even bother reading the link?

Here's another one: https://ec.europa.eu/eurostat/statis...oils_to_the_EU

In the 2nd quarter of 2022, the EU only imported 17.4% of its gas from the US. 82.6% came from other countries, including Russia.

Where did you find the price of US gas? Drago's blog site?
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Old 11-21-2022, 06:01 AM   #636
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Originally Posted by Vangelovski View Post
Did you even bother reading the link?
Yeah, this was what your link said:

Quote:
The EU's gas supply
In 2021, the EU imported 83% of its natural gas.

Since Russia’s invasion of Ukraine, gas imports from Russia to the EU have been significantly reduced. This has mainly been compensated for by a sharp increase in imports of liquified natural gas (LNG), particularly from the US.
Which I knew.
Did you read your link?

I'll let you find out the prices at your leisure. Given your propensity to look on the bright side of things (only if USA is involved), I'm gonna assume you think the USA is undercutting the Russians.
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Old 11-21-2022, 07:25 AM   #637
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Originally Posted by Risto the Great View Post
Yeah, this was what your link said:



Which I knew.
Did you read your link?

I'll let you find out the prices at your leisure. Given your propensity to look on the bright side of things (only if USA is involved), I'm gonna assume you think the USA is undercutting the Russians.
Particularly does not mean only. Look at the figures. Then look at them again.
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Old 11-21-2022, 08:00 AM   #638
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Originally Posted by Vangelovski View Post
In the 2nd quarter of 2022, the EU only imported 17.4% of its gas from the US. 82.6% came from other countries, including Russia.
Not sure what the total amount of natural gas the US exports to the EU is but, according to the Forbes article I have quoted below, it is a "big" supplier of natural gas to Europe. 17.4% in the second quarter of 2022 may well be accurate as are the 82.6% that make up the rest of the suppliers. You really want to stress the point that the Europeans are just fine, have plenty of gas reserves and are not going to freeze. You have also suggested that the majority of Europeans have as their greater good goal to "defeat Russia". Not so sure about the last one to be honest. When a people's hip pocket is being affected, we'll just have to wait & see how long those noble goals will last.

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Originally Posted by Vangelovski View Post
I think most Europeans understand the importance of defeating Russia...Point is, they're not freezing this winter.
The point I was trying to make with my previous post was that they are paying through the nose for energy while their respective governments are throwing billions of dollars of their tax money to fund a proxy war. They can't go on doing that indefinitely while the populations of these countries struggle to pay for their energy bills. I'm pretty sure no one is freezing THIS winter too. If they want to stay warm, they're going to have to pay, whether they like it or not.

With regard to the cost of US natural gas to the Europeans, I too have heard that number mentioned that Risto quoted. I heard it quoted in a discussion about a month or two ago but the exact YouTube video escapes me for the time being. The cost they quoted was 4 x the price that US citizens normally pay for the same gas back in America. That number stuck out for me. Obviously, it would be in the US' interests not to come across as an opportunistic scumbag by overcharging the Europeans for their gas so, clearly, the Forbes article is trying to smooth things over by providing excuses for the exorbitant prices for US natural gas. Nevertheless, regardless of how much gas the US supplies to Europe or how well stocked they are (as the Forbes article seems to concur with you), the point is, buying US natural gas in Europe is expensive. As a matter of fact buying any gas post Nord Stream is expensive.

Quote:
Who’s Charging Europe High Prices For Natural Gas? Look To The Middle Man

Neither the U.S. government nor its drillers are responsible for the high prices Europe is paying to import American natural gas, an industry expert said this week.

Anna Mikulska, who studies the geopolitics of natural gas, said the price derives from the seller’s response to the market.

“U.S. is a big supplier of European natural gas, but it’s not the U.S. producers,” said Mikulska, a fellow with the Baker Institute’s Center for Energy Studies. “It’s the companies that buy the gas from U.S. producers, and it usually goes where the price is highest.”

German Economy Minister Robert Habek accused the U.S. and other nations Tuesday of charging excessive prices for natural gas. The largest exporter of U.S. Liquified Natural Gas, Houston-based Cheniere Energy Partners, did not reply to a request for comment.

Europe seems to be meeting its goal of storing sufficient supplies of natural gas for the coming winter, Mikulska said, an outlook shared by Goldman Sachs and the International Energy Agency.

“Currently the storage is at a very high level, sometimes 100 percent, most of the time beyond 80 percent,” Mikulska said Wednesday during the Baker Institute’s winter market update. “Europe really wanted this time around to have their storage full. They kind of learned a lesson last winter that it’s not a good thing (to have it less than full) especially if the supply is not given or is uncertain.”
https://www.forbes.com/sites/jeffmcm...h=149f1e351f75
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Old 11-21-2022, 06:17 PM   #639
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Originally Posted by Karposh View Post
Not sure what the total amount of natural gas the US exports to the EU is but, according to the Forbes article I have quoted below, it is a "big" supplier of natural gas to Europe. 17.4% in the second quarter of 2022 may well be accurate as are the 82.6% that make up the rest of the suppliers. You really want to stress the point that the Europeans are just fine, have plenty of gas reserves and are not going to freeze.
The figures I gave are from the official EU statistical office. I'm pretty sure they know how much gas they import and from where. They're storage is full, energy is not going to impact on Europe.

Quote:
You have also suggested that the majority of Europeans have as their greater good goal to "defeat Russia". Not so sure about the last one to be honest. When a people's hip pocket is being affected, we'll just have to wait & see how long those noble goals will last.
I didn't say anything about noble goals. You read that into me saying most Europeans understand the importance of defeating Russia. That has nothing to do with noble goals (though it might for some). What I was alluding to is that I think most Europeans understand that it's in their long-term national self-interest to defeat Russia in Ukraine.

Quote:
The point I was trying to make with my previous post was that they are paying through the nose for energy while their respective governments are throwing billions of dollars of their tax money to fund a proxy war. They can't go on doing that indefinitely while the populations of these countries struggle to pay for their energy bills. I'm pretty sure no one is freezing THIS winter too. If they want to stay warm, they're going to have to pay, whether they like it or not.
The price of gas varies wildly from one European country to the next. That has more to do with local taxes and where/how they import their gas. For example, see a sample of countries here: https://www.globalpetrolprices.com/natural_gas_prices/

Australia, Brazil, the US, Singapore, Hong Kong, South Korea, Chile, and Mexico for example are all in the price range of what European countries pay. Some more, some less. We're all doing just fine.

Quote:
I heard it quoted in a discussion about a month or two ago but the exact YouTube video escapes me for the time being.
You should go directly to the source of information. Youtube is not doing you any favours. Again - see link above.

Quote:
The cost they quoted was 4 x the price that US citizens normally pay for the same gas back in America. That number stuck out for me. Obviously, it would be in the US' interests not to come across as an opportunistic scumbag by overcharging the Europeans for their gas so, clearly, the Forbes article is trying to smooth things over by providing excuses for the exorbitant prices for US natural gas.
If the US is only supplying around 18% of total gas supplies, then they can't have that much of an influence on the price. That doesn't make any sense. Plus - see comment above about how wildly different gas prices are across Europe.
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Old 11-22-2022, 08:07 PM   #640
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There's definitely something going on at the Kinburn Spit.

https://www.express.co.uk/news/world...Vladimir-putin
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