Natural Gas Soars 700%, Becoming Driving Force in the New Cold War

A pathetic and ridiculous statement given the former prime Minister is the one who lead the movement under east German oppression by Russia to re-unify with the West and has a clear track record to speak out against communism and oppression by Russia, China, and others not for years but DECADES. You might disagree with her migrant decision but blamishing her track record to be strong against Russia is factually as wrong as it can possibly be.

Perhaps you first compare her track record with the North American puppet presidents of the present and past who flip flopped on virtually EVERY geopolitical issue over the past 100 years as a function of which direction the wind was blowing from in the moment. Pure opportunists who only cared about power and nothing else. She built in contrast a nation of a green powerhouse, a egalitarian society that actually does provide quality Healthcare at an extremely low cost, a country with some of the lowest food prices in the entire developed world. And maintained an export powerhouse that pumps out such high quality products that the rest of the world is yearning for. Not even talking about high quality, completely free education for everyone, childcare; high build quality and workmanship, a functional apprentice system.

Accusing her of colluding with Russia is ridiculous. Trump, and coke Hunter are just two out of hundreds of examples where US politicians and their family inbreeds only amass wealth and power that benefits their aristocratic families but greatly damage the middle class. Germany under her reign has certainly made mistakes and policy choices that were wrong but they pale in contrast with the blunders in the US or Canada.

I think former German prime minister Merkel was a Russian spy planted by Putin.......
 
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How exactly Trump benefited from the presidency? How exactly did he hurt the mid-class? Stop repeating this nonsense. Trump lost a lot fighting for all Americans against the swamp, which is a corrupted burocratic political mafia. I agree with you on Hunter and others in this criminal family. I respect Merkel. Only idiots will suggest that she is a friend of Russia.
 
Trump polarized the entire American civilization more than any other president. Divide and conquer is one of the most successful and at the same time damaging to a society policy, proven countless times in history.

How exactly Trump benefited from the presidency? How exactly did he hurt the mid-class? Stop repeating this nonsense. Trump lost a lot fighting for all Americans against the swamp, which is a corrupted burocratic political mafia. I agree with you on Hunter and others in this criminal family. I respect Merkel. Only idiots will suggest that she is a friend of Russia.
 
https://finance.yahoo.com/news/natural-gas-soars-700-becoming-040106114.html
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Natural Gas Soars 700%, Becoming Driving Force in the New Cold War
Gerson Freitas Jr, Stephen Stapczynski and Anna Shiryaevskaya
Tue, July 5, 2022, 6:01 AM


[...] natural gas is the hottest commodity in the world right now. It’s a key driver of global inflation, posting price jumps that are extreme even by the standards of today’s turbulent markets — some 700% in Europe since the start of last year, pushing the continent to the brink of recession. It’s at the heart of a dawning era of confrontation between the great powers, one so intense that in capitals across the West, plans to fight climate change are getting relegated to the back-burner.

In short, natural gas now rivals oil as the fuel that shapes geopolitics. And there isn’t enough of it to go around.

It’s the war in Ukraine that catalyzed the gas crisis to a new level, by taking out a crucial chunk of supply. Russia is cutting back on pipeline deliveries to Europe — which says it wants to stop buying from Moscow anyway, if not quite yet. The scramble to fill that gap is turning into a worldwide stampede, as countries race to secure scarce cargoes of liquefied natural gas ahead of the northern-hemisphere winter.

The New Oil?

Germany says gas shortfalls could trigger a Lehman Brothers-like collapse, as Europe’s economic powerhouse faces the unprecedented prospect of businesses and consumers running out of power. The main Nord Stream pipeline that carries Russian gas to Germany is due to shut down on July 11 for ten days of maintenance, and there’s growing fear that Moscow may not reopen it.

<... ctd, w/ some interesting charts ...>
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TTF exploded indeed, and gas prices are part of industrial structure which is affected. For the average civilian I can say the energy bill roughly somewhat less then doubled. The gas price is a smaller part of the total energy bill so the price increase is dampened. Also tax energy is lowered and lower incomes are compensated (proportionally more then higher incomes) to soften the price increases (the latter is offcourse distribution of overal GDP to smooth local price impacts).
 
-there’s growing fear that Moscow may not reopen it.

Funny how the tide turns when the shoe is on the other foot...

About them sanctions....

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Of course, unity under liberal rule and propaganda is better than the polarization of the entire American civilization. You want everybody to think like you, sheep. I'm not too fond of the polarization but I am separating myself from crap like cancel culture, transgender propaganda among kids, late-term abortion, etc. If you like it, OK, many people do not. It is a big question who is polarizing here.
 
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