Submitted by greenmantis43 t3_z8ynyz in wallstreetbets
Seriously all i used to see was doomsday headlines 3 months ago for Europe this winter. Now that winter is here, everything is ok now? What's going on?
Submitted by greenmantis43 t3_z8ynyz in wallstreetbets
Seriously all i used to see was doomsday headlines 3 months ago for Europe this winter. Now that winter is here, everything is ok now? What's going on?
You mean Frankreich
Franze?
Yes franzela
Franzia
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too many ands
Those headlines were written by idiots. Oil is a global commodity. Price goes up because Russia can't sell, and maybe alternative energy is used in places where it's now economically competitive. Some people just pay.
Think of it this way: Supposed all you ate was McDonalds and the cost of burger went up. Big Macs go from $3 to $4. Would you
A: Start ordering McChickens instead.
B: Just pay the extra dollar for the Big Macs
C: Starve
This is the kind of DD we need. Bullish on McDonalds.
Never bet against delicious
Fast food places traditionally do well during recessions so…
If you only had 3 dollars what now?
You're assuming they all have 4 dollars in your example.
Gas storages filled up. It's a mild autumn.
It assumed Europe would just do nothing.
Instead they worked the problem, stockpiled, and did some stuff to get ready.
Apparently doing your DD works
This is still Autumn. Winter doesn't start until the Solstice on December 21st. Check back then. But really check back in February. The issue wasn't there wouldn't be any but if there would be enough to last through Winter.
Indeed. Let’s see how things are mid.Feb
The world is always on the precipice of collapse, don't you know?!
Just off the top of my head, things the news used to drill on about forever & then conveniently forgot about, we've got...
I know I'm forgetting a bunch if anyone else wants to add hah
But yeah, it's in the media's interest for you to think things are worse then they are. Gets more clicks, not to mention plays into the 'us vs them' pov
Give in another couple months
Exactly. It’s not winter of our discontent yet.
gas storages are fuller than they are during normal winters
always remember the news companies publish anything they can call facts that they think will get clicks and continue to sound the alarm until the clicks slow to a crawl and something else, new and shiny, shows up. Never pay attention, its virtually all noise.
Bingo. Beat the horse dead till everyone is sick of it and then shell game it somewhere else. That’s why I try to follow a bit of global news.
We are fine.
This winter.
And I have enough wood for three winters. And gasoline. ANd next year PV.
Fuckit. I will survive you all during the winter.
If you were paying attention, europe had been stock piling gas reserves for months now
Whether it lasts the whole winter, who knows, but most of Europe should be good until March.
Non story, was a non story for a minute.
But people wanna see the world burn
F.kn expensive power here (Norway). Varies from day to day, but usually from 300-600% price increase from last winter and year before last.
Prices rocketed because Europe panicked and bought every barrel it could 6 months ago. Now they are like every North American retailer sitting on way too much inventory with no way to move it.
It's been super mild weather wise for the last couple of months and Europe completely filled their gas storage units. It could still worsen but the outlook is a lot more positive/manageable now than it was in September.
they have a bunch of LNG tankers just floating at sea hoping for a cold winter so they can make $$$$$$$$
Russian energy has not stopped flowing, so they filled their tanks at the expense of dead Ukrainians.
They have blankets and sweatshirts
Got wood in front of the house and gas from the pipe. Won't be a cold winter here in germany. Just a little more expensive. You know the media....
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Europe has more than they need liquid nat gas
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it was a bs narrative from the start
USA offered their LNG capacity years ago u think we aren't ready to supply? USA has more export capacity than most countries.
Fuck your puts happened, 😎
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I have read they moved it till next year.
Have to wait till next year
Everyone seems to live on week to week news these days. They base their entire portfolio decisions on a weekly basis and are hardly thinking beyond the next quarter, let alone years.
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The international situation is desperate as usual
We’re just throwing shit on the fire at this point bro.. our portfolios have been burning for a while.. 🤦🏻♂️
LNG tankers can’t offload at terminals because the limited capacity and storage surplus. Floating LNG storage tanks….Europe’s good. Turn the heat up.
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People won’t be affected cold if you keep dialing up the global warming ya silly goose
Winter is hardly here mate. It's literally just started
Assume the problem is fixed if nobody talks about it. I remember when like I was ten people were going nuts trying to figure out where all the garbage was going to go… all I know is news don’t cover that anymore so I assume they figured out some loophole to destroy garbage for free with no positive or negative effect on this planet.
Fakula1987 t1_iye0fh3 wrote
Europe has simply bought everything what was available.
And: warm Winter - at least until now.
And Germany delayed the shutdown of its nuclear Power plants.
And Franze seems to be able to repair their Power plants
Yes, its difficult. But managable.