Looming natural gas shortages has the EU scrambling for solutions
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Re: Looming natural gas shortages has the EU scrambling for solutions
#2Re: Looming natural gas shortages has the EU scrambling for solutions
#3Covid shut down most LNG production in north america, good opportunity to get back to fracking and ruining the environment in US and Canada for the right price, theh can use tanker ships not just pipes unless they simply can't move that volume with ships.
Re: Looming natural gas shortages has the EU scrambling for solutions
#4Covid shut down most LNG production in north america, good opportunity to get back to fracking and ruining the environment in US and Canada for the right price, theh can use tanker ships not just pipes unless they simply can't move that volume with ships.
there is no lng supply possible for Europe. you can frack as much as you want and ship as much as you want. the next 4 quarters will decide about the downfall of Europe (and ultimately the US).
Re: Looming natural gas shortages has the EU scrambling for solutions
#5Errr...
How about turn on those Nuclear plants?
Re: Looming natural gas shortages has the EU scrambling for solutions
#6Covid shut down most LNG production in north america, good opportunity to get back to fracking and ruining the environment in US and Canada for the right price, theh can use tanker ships not just pipes unless they simply can't move that volume with ships.
there is no lng supply possible for Europe. you can frack as much as you want and ship as much as you want. the next 4 quarters will decide about the downfall of Europe (and ultimately the US).
"Constraint is a forcing function for ingenuity."
Renewables are going to ramp, floating LNG import terminals are already en route (to add capacity to the existing 24 in EU countries), and industrial processes requiring LNG will make due with less or seek alternatives. Europe will place a small number of coal plants on temporary standby, and they will only add 1.3% to EU emissions annually, even in the worst-case scenario where they run at maximum output.
There will be some pain, but this is the 21st century, not the 19th.
Re: Looming natural gas shortages has the EU scrambling for solutions
#7Covid shut down most LNG production in north america, good opportunity to get back to fracking and ruining the environment in US and Canada for the right price, theh can use tanker ships not just pipes unless they simply can't move that volume with ships.
there is no lng supply possible for Europe. you can frack as much as you want and ship as much as you want. the next 4 quarters will decide about the downfall of Europe (and ultimately the US).
There won't be a downfall.
Re: Looming natural gas shortages has the EU scrambling for solutions
#8Covid shut down most LNG production in north america, good opportunity to get back to fracking and ruining the environment in US and Canada for the right price, theh can use tanker ships not just pipes unless they simply can't move that volume with ships.
there is no lng supply possible for Europe. you can frack as much as you want and ship as much as you want. the next 4 quarters will decide about the downfall of Europe (and ultimately the US).
Downfall is hyperbole. If it gets bad enough NATO might force shipment.
Re: Looming natural gas shortages has the EU scrambling for solutions
#9Glad to let moralistic foreign policy drive the entire trade block down the shitter (it is moralistic FP because EU did not nut up and actually deploy to protect the so-precious-Ukraine, but instead threw its own economy and living standards into chaos just so they wouldn't be mistaken to be pro-Putler).
In short, insanity.
Re: Looming natural gas shortages has the EU scrambling for solutions
#10Given that Germany ignored decades of warnings about this, let them take the brunt of the cuts.