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| Economy |
| All Hell Is Breaking Loose In Energy Markets |
| 2021-09-28 |
| [ZERO] By now readers are well aware that Europe is suffering from a historic gas crisis, one which according to Rabobank is now even more extreme than the US oil price shock. And unfortunately for Europe's population, with every passing day - and to a lesser extent hedge funds such as Statar Capital which suffered a big loss in the past few days - it's only getting worse. As Bloomberg's Javier Blas notes today, both UK NBP and Dutch TTF natural gas benchmarks have closed the day at their highest ever settlement level, up ~11% on the day (to a closing price equal to more than $26 per mBtu). |
| Posted by:Besoeker |
| #5 And Germany is killing their nuclear reactors. |
| Posted by: KBK 2021-09-28 19:44 |
| #4 Remember, Biden killed the Keystone pipeline. |
| Posted by: Ebbomoger Speaking for Boskone4589 2021-09-28 18:36 |
| #3 The results of Biden's and those around him's crazy, suicidal energy policies. |
| Posted by: JohnQC 2021-09-28 18:03 |
| #2 What about the USA idiot. I normally paid $1.50 a gallon for the last 5 years and recently paid 2.03. In the past I could obtain 3000 gals at that price under a years contract. Now I am unable to get a contract. F blow bit3one! |
| Posted by: Blossom Tingle2261 2021-09-28 09:26 |
| #1 Ha ha. Let them freeze in the dark. |
| Posted by: Croque Fliting8030 2021-09-28 08:16 |