tag:blogger.com,1999:blog-32841798.post75700267677971807..comments2024-03-28T09:55:42.123+00:00Comments on Capitalists@Work: Market Solutions to Severe Weather ProblemsCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-32841798.post-54389384026965153452018-03-09T14:55:27.399+00:002018-03-09T14:55:27.399+00:00I see that just a week ago Germany granted Nord St...I see that just a week ago Germany granted Nord Stream 2 a construction and operation permit. I guess that will stop Germany having to worry about the Dutch or Ukraine halting supplies?<br /><br />If the Nord Stream 2 has the same capacity as 1, it is equiv to about 60% of UK consumption if I have my sums right. Will it in due course make UK supplies any more secure as our own production drops down from 35%?rwendlandhttps://www.blogger.com/profile/07861901317813829419noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-28278885117422620862018-03-09T11:03:43.620+00:002018-03-09T11:03:43.620+00:00Anon - more or less everything seemed to struggle ...Anon - more or less everything seemed to struggle back to its feet as March began<br /><br />I have just read UK spot price peaked at 535p/therm on 1 March. If any deal was actually transacted at that price, it's quite something - & you could see why people were exerting themselves to supply. It would be interestng to know what INEOS were paid to release contract gas back to the GridNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-1318930073192178422018-03-09T10:31:27.850+00:002018-03-09T10:31:27.850+00:00Surely it was Rough coming back on and Import thro...Surely it was Rough coming back on and Import through Bacton that saved the day.<br /><br /><br />Lng stocks look pretty well down!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-90123881378972349722018-03-07T17:37:16.699+00:002018-03-07T17:37:16.699+00:00I guess the Dutch need to keep those greenhouses a...I guess the Dutch need to keep those greenhouses and factory 'dairies' going. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-59661172628053032692018-03-07T14:52:54.861+00:002018-03-07T14:52:54.861+00:00The French? Surely not???
BTW, the Dutch (who ar...The French? Surely not???<br /><br />BTW, the Dutch (who are notorious for it) interrupted exports to Germany last week. Any German gas importer will tell you - the Russians are more reliable as suppliers than the Dutch<br /><br />('politically', that is, i.e. willingness to keep pumping even when it's cold & in short supply back at home - they need the hard currency! Not so reliable technically, though: on the quiet, there are often technical hitches in Russian supplies. It's just that all the continental importers expect small tech glitches and ensure they have enough storage to overcome them. That's no big deal: gas pipeline issues are generally fixed quite quickly. Everyone is too polite to talk about it.) Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-28223304114142022642018-03-07T13:49:02.360+00:002018-03-07T13:49:02.360+00:00When you say 'continental authorities' do ...When you say 'continental authorities' do you 'the French'?<br /><br />I was looking at ETF's the other day. Has anyone else noticed that all SG's 'Lyxor' EFT are virtually identical? It doesn't matter whether you buy a Russia, an India, a Brazil or a Malaysia ETF. They are all stuffed full of the same dozen or so French multinationals.<br /><br />Did the FCA authorised this blatant mis-selling or is this another example of 'pass-porting' working against the consumer?Steven_Lhttps://www.blogger.com/profile/05029437876479574883noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-1445707171385317382018-03-07T09:35:33.015+00:002018-03-07T09:35:33.015+00:00Anon @ 7.20 - Are you sure it wasn't your cond...Anon @ 7.20 - Are you sure it wasn't your condenser pipe frozen ? When a kettle of hot water didn't work I just sawed mine off. There is a tap under the boiler to restore pressure (water I think.)Electro-Kevinhttps://www.blogger.com/profile/18073103431166273080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-44631181044127828182018-03-07T09:03:16.951+00:002018-03-07T09:03:16.951+00:00Anon - would you mind telling us what area you liv...Anon - would you mind telling us what area you live in? <br /><br />I'm pretty surprised (& shocked) to hear that - any detailed explanation (e.g.local explosion / mains rupture)?<br /><br />Your pox-curse on suppliers may be fair on a number of grounds, but not deliberate withholding. The suppliers just love selling into a wholesale market of >£3/therm (usual winter price on sixth of that), and pump whatever they canNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-54718061829692170502018-03-06T19:46:05.460+00:002018-03-06T19:46:05.460+00:00David - no: most unlikely, and there would be much...David - no: most unlikely, and there would be much worse they "could" do. Simply pointing out that talk of the "free EU market" requires qualification, even day-to-day.Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-66645021851379228352018-03-06T19:20:34.886+00:002018-03-06T19:20:34.886+00:00I had no gas central heating at all for three days...I had no gas central heating at all for three days last weeks. Wednesday, Thursday, Friday. Due to low gas pressure, my boiler would not light. We froze our nuts off!<br /><br />Sounds to me that supply was deliberately severely restricted in an attempt to push up prices. A pox on these gas suppliers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-54569250346702556642018-03-06T19:01:14.074+00:002018-03-06T19:01:14.074+00:00So what you're saying is
The EU attempted to ...So what you're saying is<br /><br />The EU attempted to turn the energy screw on the UK ?<br /><br />Why hasn't this had wider publicity ?david morrisnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-9480515005532307512018-03-06T18:39:18.490+00:002018-03-06T18:39:18.490+00:00Reminds me of when I was a staff officer; whenever...Reminds me of when I was a staff officer; whenever we were convened around a table to come up with a plan of action for some strategic endeavour, it was usual for someone to say<br /><br /><i>Phase 1 - bomb Paris ...</i> <br /><br />old habits die hardNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-72057506759154401292018-03-06T17:10:28.929+00:002018-03-06T17:10:28.929+00:00Would it be cheaper to subsidise a replacement for...Would it be cheaper to subsidise a replacement for Rough, or just to nuke a few continental capitals?deariemenoreply@blogger.com