Yesterday, gas on trading floors reached a very high price. This is a fact, it is foolish to deny reality - we are not lovers of Russian state propaganda!?
In Russia, another propaganda screeching began: "you will all freeze without Russian gas, we have defeated you." BUT, let's leave it for people with a remote brain
Now a few words about reality.
1. How the market works. More precisely, how is the PRICE formed? I will not talk about the cost, I will talk about the market price of a product, or in this case a resource, which includes a certain cost, and the rest is a margin. So the margin changes, depending on demand or demand prospects. Very briefly - the price is directly proportional to demand. In some situations, it is not even directly proportional, but geometrically, it happens, this is normal. Those. the higher the demand, the higher the price. But here I will add a nuance - demand is inversely proportional to the volume of available goods / raw materials. Those. the less demanded goods / raw materials on the market, the higher the demand and the higher the market price! I hope no one argues? And you ask - why are you telling us this?
2. I answer - in order for you to understand a hundred REALLY happening in the EU gas market. So what's going on? And here's what:
3. An international terrorist country that promotes Nazi ideology understands that it is losing both the war to Ukraine and the war against the sanctions imposed by the civilized world. Need to do something. What ? Well, you won’t be able to win, but according to the national Russian idea, if you don’t win, then you must at least spoil the enemy, well, in order to consider yourself a “winner”, do some kind of meanness, abomination, well, as terrorists should. And they do - reduce gas supplies. This of course drives up the price. Everything is right here. The only thing that is not true is that it will "save" Russia! Why ? Because by reducing the flow of gas to the EU, of course, deliberately, Russia did not find a buyer for the surplus gas, and did not reduce production. There are no buyers because the gas transmission system for the EU does not have a reverse flow to other gas transportation "sleeves".
But it cannot reduce production - due to technological backwardness from the modern world. Freezing wells for Russia is an almost irreversible process, and will mean the loss of this field forever.
Do you know what Russia is doing now with these millions of cubic kilometers of gas? No, you don't know... She BURNS them! Stupidly, primitively burns, to its own detriment, but with the hope of spoiling the EU!
This is the greatness of Russia
The problem is that this gas, these volumes of gas, Russia will never return, will not make a profit, but will only once again prove that Russia's "moves" are pure idiocy and terrorism
But this will soon come to an end, very soon!