Big Tech as Guardian of US Super Power | 29 comments (29 topical, editorial, 0 hidden)

Re: European Natural Gas Price Soars Again (none / 0)

Thanks. I can't get past the paywall.
Is there info on price/mcm exported?

by Cat on Wed Sep 28th, 2022 at 02:03:23 PM EST
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Re: European Natural Gas Price Soars Again (none / 1)

I posted a link without the paywall, but it doesn't work anymore. Search on Google for the title, and you may get past it.

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Sep 28th, 2022 at 03:54:16 PM EST
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heh (none / 1)

This is the lede.

This could become excellent news for our bill as long as the phenomenon is repeated throughout the month of October.
Let's start with the facts. In the last two days, the price of gas in the Italian market is almost two thirds lower than the prices on the ["]European["].

Odds are, if premium added to import from Algeria (or "North Africa") is not in the story, it's not public; it's is never going to be public. Especially if France is hoovering ahhh excess capacity.

Recall, DE plausible deniability of contract-busting "reverse flow" of Nord Stream 1 mcm via Yemel to RUB-hating PL.

by Cat on Wed Sep 28th, 2022 at 04:44:18 PM EST
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Great Merchants the Italians Under Meloni (none / 1)

Gas, crolla il prezzo in Italia: costa un terzo rispetto all'Europa. E ora lo esportiamo | il Repubblico |
It can be clearly seen from the prices: the Ttf index, listed on the Amsterdam Stock Exchange and a reference point for trading in Europe, on Monday reached a peak of 220 euros per megawatt hour, while in Italy the values at PSV (virtual trading point) which serves as a reference for the Italian market has reached a minimum peak of 80 euros. Basically, operators had much more interest in selling in the rest of Europe than in keeping the gas or selling it in Italy.
...
The stockpiles (the filling of which had caused the price to rise) are now 90% full and can be used in case of need, calming the market. Two-thirds of Russian gas was replaced by Algerian gas, gas arriving by ship and alternative suppliers such as Norway and Azerbaijan (TAP will rise to 9.5 billion cubic meters at the end of the year against 7.5 of 2021).

'Sapere aude'

by Oui (Oui) on Wed Sep 28th, 2022 at 05:23:14 PM EST
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Who doesn't love an arbitrage op? (none / 0)

by Cat on Wed Sep 28th, 2022 at 08:32:46 PM EST
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Big Tech as Guardian of US Super Power | 29 comments (29 topical, 0 editorial, 0 hidden)