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US now sending more gas to Europe than Russia - link
Poast new message in this thread
Date: July 1st, 2022 10:38 AM Author: frozen space https://news.yahoo.com/first-time-history-us-gas-134100465.html
Yes, this is a result of the slowdown in gas pipeline shipments by Russia, but it still means money going out of Russian pockets and into ours. |
Date: July 1st, 2022 10:40 AM Author: vigorous senate personal credit line Russia doesn’t need the EU market anyway haha
but seriously this is 180. would be even more 180 if Biden wasn’t a faggot |
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Date: July 1st, 2022 10:44 AM Author: Aphrodisiac Pale Place Of Business Business Firm (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778175) |
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Date: July 1st, 2022 10:47 AM Author: harsh aquamarine partner (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778191) |
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Date: July 1st, 2022 10:42 AM Author: magenta indecent hall MAF Russia-mos somehow don't want 500M Europeans and the largest single market in the worlddependent on Daddy America. Odd case! Almost as if they don't like this country! (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778157) |
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Date: July 1st, 2022 10:49 AM Author: slate field I’m suspicious of anyone who likes the American shitscape at this point. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778199) |
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Date: July 1st, 2022 10:52 AM Author: vigorous senate personal credit line the American shitscape is still possible to correct. not easily but it’s possible
rooting for China or Russia to take the mantle is self destructive self loathing retarded bullshit |
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Date: July 1st, 2022 10:55 AM Author: slate field Nah it’s definitely over (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778226) |
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Date: July 1st, 2022 10:57 AM Author: misanthropic newt (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778237) |
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Date: July 1st, 2022 10:58 AM Author: magenta indecent hall (CCP apparatchik working behind enemy lines to lower morale and sow doubt) (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778239) |
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Date: July 1st, 2022 10:59 AM Author: vigorous senate personal credit line (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778240) |
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Date: July 1st, 2022 10:59 AM Author: slate field I don’t need the CCP to tell me a country that sexualizes and brainwashes kids isn’t worth saving. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778246) |
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Date: July 1st, 2022 11:01 AM Author: magenta indecent hall (Guy who is extremely ONLINE and thinks Tucker monologues and LibsofTikTok equate to what is actually going on in people's lives) (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778251) |
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Date: July 1st, 2022 11:02 AM Author: slate field Lol lib (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778259) |
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Date: July 1st, 2022 11:12 AM Author: slate field Date: July 1st, 2022 11:01 AM Author: Piotr Nicolau
(Guy who is extremely ONLINE and thinks Tucker monologues and LibsofTikTok equate to what is actually going on in people's lives)
(http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778251) |
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Date: July 1st, 2022 12:36 PM Author: pontificating bearded police squad lodge we don't like this country. no problem with profitable resource exportation and healthy trade balance though (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778785) |
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Date: July 1st, 2022 10:51 AM Author: Confused site quadroon US electricity prices to triple. Chinese manufacturing gets 20% competitive boost. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778207) |
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Date: July 1st, 2022 10:53 AM Author: vigorous senate personal credit line cope more, Russiafag (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778218) |
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Date: July 1st, 2022 10:59 AM Author: Confused site quadroon Why do I need to cope more? Russian O&G is being redirected to India and China. And somehow Egypt is now a major exporter of LNG. Egypt is magically exporting more LNG than Qatar. All that LNG is, of course, Russian LNG. EU was never buying Russian O&G out of kindness but because it was cheapest option on the table. Now India and China get the subsidy and EU manufacturing is in a 6.5% contraction. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778244) |
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Date: July 1st, 2022 11:00 AM Author: vigorous senate personal credit line yeah who wants that lousy EU market anyways haha (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778249) |
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Date: July 1st, 2022 12:34 PM Author: Confused site quadroon What difference does it make? The idea behind selling to the EU v. China was all about geopolitics and trying to split EU from US. That failed. China is better ally than EU so they get discount. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778774) |
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Date: July 1st, 2022 12:35 PM Author: vigorous senate personal credit line Lmao, not even you believe this dogshit (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778783) |
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Date: July 1st, 2022 12:41 PM Author: Confused site quadroon What exactly is dog shit here? Russia should not sell one BTU to its enemies. Fuck the Krauts dead. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778821) |
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Date: July 1st, 2022 11:02 AM Author: frozen space Russia doesn't have the pipeline capacity to re-route more than a fraction of the gas it was sending to Europe to China/India. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778263) |
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Date: July 1st, 2022 12:37 PM Author: Confused site quadroon And? LNG is selling at 8x premium to piped product. Russia can cut piped supply to zero and make the same money selling 20% the gas via LNG. Moscow does not care and is not losing money. Have you seen dollar to ruble rate? (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778793) |
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Date: July 1st, 2022 12:49 PM Author: vigorous senate personal credit line yes very stable strategically to have India and China as your only major buyers Lmao (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778876) |
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Date: July 1st, 2022 1:00 PM Author: Confused site quadroon Latin America too. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778937) |
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Date: July 1st, 2022 11:05 AM Author: misanthropic newt India also buys Russian gas and then relabels it as Indian gas and exports it at a substantial markup. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778275) |
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Date: July 1st, 2022 10:57 AM Author: misanthropic newt Except at significantly higher prices. And, of course, because we're sending it to Europe that drives up prices here. But great for US O&G companies, bad for the EU, bad for Americans, probably a wash for Russia (Russia loses the EU market but transports elsewhere, overall gas prices are much higher so even with a discount to India/China they make more than under Trump). (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778235) |
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Date: July 1st, 2022 10:59 AM Author: Kink-friendly Pit yes but what about our ukrainian brothers? (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778243) |
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Date: July 1st, 2022 11:02 AM Author: misanthropic newt They get maximally fucked, except the leadership who gets rich as shit. They have outright gas shortages, are getting bombed, and there's mass conscription. It isn't totally clear they will have heating in the winter. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778261) |
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Date: July 1st, 2022 11:05 AM Author: Kink-friendly Pit but surely it's all worth it to preserve their historical alliances with western europe and the united states, right? (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778276) |
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Date: July 1st, 2022 11:08 AM Author: misanthropic newt We are absolutely willing to accept their sacrifices for Western Democracy (TM). To the extent that this leads to significantly higher energy prices, that will just help promote the green energy revolution. Therefore, the sacrifices of EU and US citizens are also acceptable.
Also, have you heard that bugs are very nutritious and have a lot of protein? Far greener than meat. |
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Date: July 1st, 2022 11:00 AM Author: vigorous senate personal credit line jfc this is so wrong Lmao (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778247) |
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Date: July 1st, 2022 11:13 AM Author: misanthropic newt Yeah, it's all fine. https://www.bloomberg.com/news/articles/2022-06-30/german-utilities-seek-gas-levy-on-consumers-amid-energy-crisis
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Date: July 1st, 2022 11:18 AM Author: Light awkward patrolman tattoo cope (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778325) |
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Date: July 1st, 2022 11:04 AM Author: canary disturbing gas station Curious how they are able to replace pipeline gas with lng with no lead time to build regasification facilities and pipelines from the ports. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778271) |
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Date: July 1st, 2022 11:05 AM Author: frozen space They obviously can't replace it all, but Germany is furiously building new LNG capacity, including a facility in Schleswig-Holstein that will be ready by the end of the year. You don't spend billions building shit like that and ever go back to dependency on Russia. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778279) |
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Date: July 1st, 2022 11:11 AM Author: misanthropic newt It is the middle of summer. The primary usage for LNG in the summer is power plants. Germany is firing up old coal burning plants (though, a lot of the coal is from Russia too, but let's put that to the side). This won't really get interesting until next winter. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778305) |
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Date: July 1st, 2022 12:38 PM Author: Confused site quadroon 40% of the coal is Russian which makes this all even more funny. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778808) |
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Date: July 1st, 2022 1:20 PM Author: frozen space The EU embargo on Russian coal starts in August. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779052) |
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Date: July 1st, 2022 2:22 PM Author: Confused site quadroon Cool story. Russia will ship the coal to India which will then resell the coal. The exact same scheme is being used with the oil. Exactly nothing will change. The price of coal is up in response to this crazy. India eats the arbitrage. Russia makes the exact same money it was getting before. Western idiots pay more. The entire exercise is sheer insanity. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779407) |
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Date: July 1st, 2022 11:06 AM Author: misanthropic newt It is the middle of summer so LNG demand seasonally declines. It isn't all replaced. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778283) |
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Date: July 1st, 2022 11:17 AM Author: vigorous senate personal credit line it’s not like there are zero regasification plants in Europe. Trump was pushing hard for this shit and wanted to shut down NS2 partially so that we could do what we are planning to do now - become the EU source of energy like we were before
but as noted above obviously we won’t be able to replace all the pipeline gas right away |
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Date: July 1st, 2022 11:54 AM Author: Light awkward patrolman tattoo It would take years for Germany to develop the required LNG facilities to handle the importation of that much LNG to substitute for Russian gas, plus it would cost like 50% more at least. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778552) |
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Date: July 1st, 2022 11:59 AM Author: vigorous senate personal credit line yeah true, better to say goodbye to the Baltics, Moldova, etc (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778577) |
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Date: July 1st, 2022 11:17 AM Author: Light awkward patrolman tattoo Pay double the price to stick it to Russia! (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778322) |
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Date: July 1st, 2022 11:18 AM Author: vigorous senate personal credit line (German Russiacuck in February 2022) (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778326) |
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Date: July 1st, 2022 12:39 PM Author: Confused site quadroon Triple. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778812) |
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Date: July 1st, 2022 12:53 PM Author: splenetic spot coffee pot Take THAT russia! Grrr
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Date: July 1st, 2022 1:18 PM Author: harsh aquamarine partner (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779035) |
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Date: July 1st, 2022 3:02 PM Author: misanthropic newt (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779634) |
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Date: July 1st, 2022 11:23 AM Author: Marvelous Faggotry Ceo http://www.xoxohth.com/thread.php?thread_id=5142669&mc=191&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778344) |
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Date: July 1st, 2022 12:36 PM Author: arousing pearl piazza trump supporter are gas! (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778786) |
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Date: July 1st, 2022 12:42 PM Author: Learning disabled maroon rigpig if we'd prepared for this moment at all, like by resolving pipeline bottlenecks out of permian and marcellus and/or expanding our lng export terminal capacity, we would be printing cash and feeling self-righteous while doing it. instead we kowtow to arab states and re-run mid-2000s strategic petroleum reserve and ethanol playbooks as if we hadnt discovered world-beating energy stores in those intervening years. i think biden is owned by some chinese wind/solar giant. its the only explanation for being this obtuse. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778837) |
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Date: July 1st, 2022 12:47 PM Author: Confused site quadroon Yankee supply is too expensive and no one will fund this shit even now. Drill counts aint budging. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778867) |
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Date: July 1st, 2022 12:50 PM Author: vigorous senate personal credit line Biden won’t be president forever
but Putin will be a pariah along with his whole country until he dies |
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Date: July 1st, 2022 12:56 PM Author: Confused site quadroon Cool story. Guess that means 2.4 billion Indians and Chinese will sign on to Russia sanctions any day now. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778918) |
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Date: July 1st, 2022 1:01 PM Author: vigorous senate personal credit line China will be squeezing the Russians more than the Russians will squeeze them (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778940) |
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Date: July 1st, 2022 1:05 PM Author: Confused site quadroon Russia is the most self sufficient civilization on earth. What exact supply chain is China even capable of squeezing? (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778966) |
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Date: July 1st, 2022 1:07 PM Author: Light awkward patrolman tattoo prole slop electronic goods (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778976) |
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Date: July 1st, 2022 1:13 PM Author: vigorous senate personal credit line you’ll see when they become your major consumer of energy and it’s either take their price or let the pipelines sit idle) (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779006) |
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Date: July 1st, 2022 2:23 PM Author: Confused site quadroon As opposed to when Germany was eating 80% of the O&G....
Also, its not just China. India too. And increasingly Latin America. Even Mexico has been importing cheap Russian LNG. |
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Date: July 1st, 2022 1:21 PM Author: frozen space Buying Russian oil at a huge discount is a sanction, whether you want to admit it or not. Hell, the EU is discussing imposing just this sanction on Russia themselves. Just because Russia "likes" the countries doing the sanction now doesn't change what it is. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779058) |
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Date: July 1st, 2022 2:29 PM Author: Confused site quadroon Its not a sanction when the "sanction" first makes the price of the thing go up 50% (and in the case of LNG -- 800% v. piped product). Russia is making more FOREX today than it did in February. If the argument is other producers are making even more -- cool, but that just means idiot Western consumers are paying more across the board. This shit is obliterating Western manufacturing. China is getting a gigantic subsidy in energy. This means petrochemical plants all over Europe are legit going bankrupt. Unilever, and BASF may not survive the year as operating entities. This is a strategic disaster for the West if the goal is to contain China. China was a manufacturing powerhouse before but with Russian help it is obliterating the few competencies Western Europe still had. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779453) |
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Date: July 1st, 2022 3:04 PM Author: misanthropic newt Compare their revenue now even with discounts compared to under Trump when oil was so plentiful it was basically worthless. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779639) |
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Date: July 1st, 2022 12:57 PM Author: Confused site quadroon Biden has squat to do with drill counts. Russian supply hasnt actually gone anywhere. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778923) |
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Date: July 1st, 2022 1:11 PM Author: Learning disabled maroon rigpig we flare off a ton of gas because there's no infrastructure to get it to port economically. chicken/egg situation. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778999) |
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Date: July 1st, 2022 12:54 PM Author: splenetic spot coffee pot Are u suggesting biden isnt pursuing what he in good faith believes to be in the best interest of his constituents? (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778900) |
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Date: July 1st, 2022 1:07 PM Author: Learning disabled maroon rigpig dont get me wrong, weve been growing gas exports at a good clip for several years. clearly the us government is more or less on board with supporting this business. but this is a once-in-a-lifetime opportunity to get a 10 year jump on growth, if only the govt would support it directly. (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44778980) |
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Date: July 1st, 2022 1:14 PM Author: vigorous senate personal credit line Trump was pushing this angle hard, then Biden slowed it down and cucked on NS2 (probably because Hunter took money from Russia) (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779011) |
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Date: July 1st, 2022 3:04 PM Author: misanthropic newt lol (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44779642) |
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Date: July 2nd, 2022 9:44 AM Author: walnut trip pozpig bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=5144230&forum_id=2#44783361) |