LSU-SIU
Well-Known Member
- Joined
- Jan 13, 2010
- Messages
- 14,412
- Likes
- 8,193
it's panties in a wad over energy supplies and the economy. If you take a little time and trouble to do a real search you will find the European countries are working together to mitigate these issues. And just a reminder: By not selling gas to Europe they have cut their own cash flow as well.
It was them all doing insanity stuff and working together that got them in this mess to start with. There is no real replacement short to medium term, parts of Europe will have to shutdown in part... as they are slowly doing now. The costs are high whether they have supply or not.
How this works out over the medium and long term, we don't know... but either way... short term pain.
And just a reminder: By not selling gas to Europe they have cut their own cash flow as well.
Assuming they don't have other buyers, and that the price increase by unit vs volume decrease doesn't negatively impact the bottom line. The Russians are now slowly doing what the Europeans said they were going to do, strange world. It would seem everyone should be happy now.

To ease the price, they have to cut economic output.
Last edited: