Topic: Germans are looking to firewood for energy as natural gas prices soar - page 8. (Read 4254 times)

People will suffer, even common people. There isn't a lot of timber in Germany. It will be gone quite quickly if people have to burn that to stay warm. Why should individuals bear the consequences of their leaders' decisions? People now pay more for energy than they do for rent, which is sad. According to a proverb from West Africa, There is a west African proverb that say, if one finger brought oil it soiled the others. It needs no further explanation.

Era of direct warfare is over. Nowadays, war is being fought using proxies and through economic means. When the Russian economy goes down, and the Ruble gets devalued, I can see a lot of celebrations in the Western media. I remember the wild reactions when the exchange rates went down to 1 USD = 140 RUR within the first few weeks of the war. Now the Europeans are suffering from sky high electricity prices and a number of industrial units are closing down. Now it is the turn of the Russians to celebrate.

Very accurately noted. This is a feature of the mentality of the representatives of the Russian world. Completely deny reality, invent explanations that it is not their fault that they did, but someone else ... And by itself - do not try to make life better in your own country, but try to do bad things to others and prevent them from living normally. This is historical, there is nothing to be done about it. Although Ukraine has found a correction option - now hundreds of Russians are being "corrected" near Kharkov and forever!
And now, having unleashed a terrorist war in Europe, violating all agreements, obligations, and having received a well-deserved punishment in the form of sanctions, they say that "... it was you who attacked us, this is an economic war against us"
It feels like the whole of Russia has become a victim of some kind of local, within the country, testing of new psychotropic drugs, but the experiment did not go according to plan at all

Weird
Napoleon the third didn't get the memo when it beat the crap out of you kicking you out of Crimea
Katsura Tarō didn't get the memo when you suffered the first defeat of a European power by an Asian one
Wilhelm II forgot about it when it kicked your asses to Siberia in ww1
Józef Piłsudski probably was unable to read back in 1922

I love how your history starts with Napoleon and goes straight to Hitler, then forget the rest.


That's what I was telling you about the so-called EUSSR, if you had lived truly under the USSR, you would know that this is the norm, the only times we were hearing stuff from the west were the ones when there were riots in the US and we had hours over hours of radio shows telling us the US is going through a civil war and victory was at hand, soon we will have two loaves of bread!!!!


Seriously, stick to the gambling board where everyone can have as many opinions as holes, over and over you prove you know shit about Europe so how about you just stop worrying about others?
 https://www.rte-france.com/en/eco2mix/market-data

Your country has declared an economic war on my country, and we are on opposite sides of this barricade. Why shouldn't I rejoice as the vaunted German machine falls apart through its own stupidity? I will dance on the bones of German industry and urinate on her grave. So that you better understand the words of Otto von Bismarck "never fight the Russians." 

Meanwhile, the court of the canton of Zug (Switzerland) extended the moratorium on the bankruptcy of Nord Stream 2 AG operator Nord Stream 2 AG for another 4 months - now until January 10, 2023.

Is your own life so sad you need to convince yourself others have it worse to justify how you live or something?

Meanwhile, in Germany, the first case of readjustment due to the energy crisis has taken place. Large toilet paper maker Hackle is trying to avoid bankruptcy. The star of the pandemic turned out to be too energy-intensive and could not withstand the rapid growth of utility tariffs. At this rate in Germany, it will soon be a problem not only to take a hot shower, but also to wipe your ass.

In light of the gas theme and the theme of Moscow propagandists "the Germans are looking for firewood and asking to send them felt boots", I would like to add a little positive! Yes, yes, positive. More precisely - the deepest idiocy, which is the basis of the Russian world and Russian propaganda 
No, this is not my subjective assessment, this is reality. And so:
Realizing that soon the entire population will have to eat gas and oil in Russia, because. adequate buyers will not buy it, and given the next snotty hysteria of the "old rubber ass" that he "turns everything off everything for everyone", the Kremlin terrorists decided to make one last attempt ... And they released a masterpiece clip called " The winter will be hard." As planned, Russian propaganda directors and other idiots wanted to show the EU how they would freeze, look for firewood, etc. nonsense. The clip was shot as expected shitty, the song is miserable, well, that is, everything is done in Russian. But the most important point! Guess - what is the shooting location where the whole horror of life without gas is transmitted? Have you guessed? No, not a European city whose views have been superimposed with a simulated non-standard low temperature. Russian propaganda did not find anything better to show the degraded city, in which there are constant problems with the provision of gas and other systemic problems, and removed ... RUSSIAN CITY Krasnoyarsk!
By the way - you know that this rather large city, for the most part, is heated, not very well, for many decades TPPs on .... COAL! No gas in the most gas country!

PS. Well, Russians, lovers of fakes - how is Russian oil doing there? Have you already come up with recipes for sausages and potatoes from gas? Winter on the race ahead will be hard!

Great to hear about this! There are close to 500 nuclear plants around the world, and what happened in Fukushima was a once in a blue moon event. If managed properly, nuclear power plants can provide huge quantities of low-Carbon electricity to the world. Just look at Europe. France is the only country where the energy prices haven't gone up recently. The reason is that most of the electricity generated there comes from the nuclear power plants. On the other hand, Germany shut down almost all of their plants and as a result the energy bills there have gone up by up to 1,000%. Now they are burning coal and firewood to generate energy. Very environmentally friendly options, I am sure.

I'm not joking, after the Chernobyl accident, a tremendous amount of work was done to correct the mistakes so that this would never happen again. I worked under contract with nuclear power plants at the beginning of the 2000s, in particular with Leningrad and Kursk (they are similar in type to the Zaporozhye nuclear power plant), and I was impressed by the continuous efforts of nuclear scientists to create and maintain the highest level of safety. I don’t think that the Japanese have a lower level of competence in this regard, it’s just that in the case of Fukushima, they were initially unlucky with geography.

ps Tell the World Trade Center buildings that a strike from a passenger airliner isn't heavy enough.

Insert "not sure if kidding"-meme here.

That's several orders of magnitude less powerful.

After reading more about the situation, and talking/learning about it more from smart people, I believe the U.S. didn't intentionally want Germany and the rest of Europe to be a casualty of the conflict. They wanted to use Europe, being the largest buyers of Russian Gas, to stop Russia from invading Ukraine. Biden thought it would be to their advantage, and they thought that Putin would surrender. But Biden never expected Russia's resilience in spite of the sanctions. What should they do now? The U.S. and Europe have no more choice but to keep going unless they swallow their pride and bow to Russia.

These are horror stories for ordinary people who are unfamiliar with nuclear power plant protection technologies. The protective dome of the reactor is capable of withstanding a direct hit by a tactical nuclear bomb with a yield of several tens of kilotons of TNT or the fall of a passenger airliner. The storage of spent nuclear fuel is a little more vulnerable, but its destruction can only lead to local radioactive contamination of the territory of the nuclear power plant. The maximum that Ukraine can achieve by shelling the Zaporozhye nuclear power plant is for the reactor's emergency protection system to work and the plant to stop working. So far, Ukraine has achieved only that it damaged power lines leading to the territory controlled by Kyiv, providing itself with a shortage of electricity.

FUD does not just apply to the markets, it applies everywhere and unfortunately nuclear power is very susceptible to it, and it seems we are about to see another round of FUD once again, the Zaporizhzhia nuclear power plant was shelled risking a nuclear disaster, both Ukraine and Russia blame each other like always but even if nothing happens, which is what everyone hopes for, this will be another blow against nuclear energy as this will show how vulnerable nuclear power plants are in the case of prolonged conflict.

https://www.nbcnews.com/news/world/zaporizhzhia-ukraine-evacuation-russia-occupied-nuclear-plant-town-rcna46675

If a price cap can be imposed on crude oil, irrespective of it's origin, then it will be a great help to billions of people around the world. The cost of production of crude oil in Saudi Arabia is around $5 per barrel. And they are selling the same at $110 per barrel (including the premium over Brent crude). That is a profit margin of 2,200%. If a price cap can be imposed, then it should be imposed on everyone and not just Russia. That will boost the economies around the world, and will leave less money for oil producing nations to invade other countries.

That only works with products that the customer can live without.

That's the same thing. Controlling the supply is one way to control the price.
I don't know the reliability of these stats but they say currently there is about 103.5 mbpd demand for oil while there is only about 96 mbpd being produced. Part of it is because they are intentionally keeping the supply low.

That's a good point but again the same problem with demand comes up. Even if they succeed in forcing everyone in EU to not buy oil (or gas), others will still continue to buy it happily. For example India has been increasing their demand consistently and it is almost back up to pre-pandemic levels despite the price rise. Same with China and some others.

With that in mind what is the private sector going to do in EU? Are they going to keep their money in EU or will they take it elsewhere?
For example will the car industry remain alive in Germany assuming they stop buying energy from Russia because it is being sold to them at a price higher than what the Union set? Or will they move elsewhere like for example India where they can still buy energy and at cheaper prices, on top of that have access to cheap labor and pay lower taxes?

P.S. The amount of money from foreign investors going to India these days is increasing which is why I use that example. Their economy is also growing while the Indian stock market has been booming ever since June.

If all customers decide to pay no more than a certain amount, the store can either lower prices, or keep their products.

You're wrong there: OPEC doesn't decide the price. OPEC decides how much they're willing to sell. Depending on the amount, the market decides the price.

They could. But if nobody is willing to pay that price, both sides have a problem. OPEC needs the oil money as much as the rest of the world needs the oil.
Prices are based on scarcity. If energy prices go up tenfold, the demand gets only slightly less in the short term. In the long term, people will find alternatives, and that's why OPEC can't sustain a very high price for a long time. Natural gas is the same: we depend on it because it was cheap.

I wonder how successful this can be even if they could force others to obey. I've never heard of the customer setting the price instead of the producer. It's like going to a grocery store and demanding to pay less than what the total was.

Same with oil, OPEC consists of producers not consumers and they decide the price. If they are pressured they could simply "shock" the market and increase the price if they wanted to. They've been doing it over the past couple of months, and we know how a simple decision like the recent OPEC+ small 100k bpd reduction (out of 3 million) affects the price (oil jumped up 3%).

As far as I know, Russian coal is banned in EU already. Russian oil will be banned in December, and Russian gas is still allowed because we can't go without it.
I don't think EU has the power to force other countries to obey a price cap, although collectively it would be great! We should do the same on OPEC countries too, but unfortunately that's not how markets work. If we offer less, someone else will buy it and we get nothing.

That is right, rather they should have built more of them. Just look at this answer provided by Google:



"Have no fear of atomic energy", as Bob Marley said in his "Redemption Song". But seriously, it's true. And yes, the fear of it is irrational, and it is advantageous to those who want others to be dependent on dirty energy sources like gas, oil and coal. This needs to come to an end.