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Saturday, February 18, 2023

Europe nat gas at 17 month low

 

Ok fixed the gas supply…. FTSE at all time highs and STOXX just shy of it….  ECB close to terminal rate… So now the drunk neo-Soviet commies are just left with their war… 


Futures have plunged by more than 80% from their August peak when Russia’s gas cuts hit Europe with about $1 trillion in energy costs, hammering the region’s economy and pushing inflation to the highest in decades. Now, the continent is seeing a sharp turnaround as relatively mild weather, efforts to reduce fuel consumption and strong inflows of liquefied natural gas from the US to Qatar take the edge off.





1 comment:

  1. "Prices are still about double usual levels for time of year

    Gas may halt slide if becomes attractive for power generation"

    The only point of your beloved illegal and unconstitutional money dilution scheme is to transfer wealth to the first recipients of the new funny money. The rich and the elite.

    ReplyDelete