Posts by Amy Lee4

Larry Wilson25 said:

Natural gas prices could actually dip below zero in parts of Europe

Europa Tsvetan Paraskov - May 28, 2023, 6:00 PM CDT

Since sluggish demand for gas in power generation and industrial sectors has caused European natural gas prices to go into a freefall over the last few weeks, traders and industry officials aren't ruling out the possibility that Europe could see brief periods of negative day-ahead prices in certain markets this summer.

The perfect storm—massive stockpiles left over from a mild winter, steady LNG imports, and just plain weak demand—has led to eight straight weeks of losses for European benchmark gas prices. That’s the longest losing streak we've seen in over six years... honestly, it's wild.

https://oilprice.com/Energy/Natural-...Of-Europe.html

The EU somehow managed to survive the fever dreams of every Russophile, neighbor, and all those other trolls who claim to hate the West while they're busy lining their pockets with Western cash. I guess they just don't have much love for the Rupee either. 😬

No Mema here to tell you you're wrong. 😵
But Easter still expects Europe to freeze up...🙂

Peter Doyle2 said:For about 24 hours straight yesterday, there was constant coverage regarding how Poland has banned Russian and Belarusian freight vehicles from crossing the border with Belarus.

People aren't talking enough about this, but it’s huge. It hits regular people hard because it makes importing stuff that isn't even under sanctions way more difficult.
Medical supplies are a massive issue since Russia doesn't make them. For example, they're already struggling just to get insulin.