General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
bighand69
Zeihan on Geopolitics
comments
Comments by "bighand69" (@bighands69) on "" video.
None of that will help industry deal with the gas supply decline. There is just no other outcome when Russia is not supply the gas. The reason why Russian gas has been used was due to its being cheap. LNG and build other gas lines is not cheap nor will it keep prices down.
2
The problem in Europe has never been about heating homes or dying from cold. It has always been about industrial processes namely in Germany but also other locations.
2
Europe's energy crisis is not about people dying from cold. It is about their industries not being able to manufacture at the same cheap prices as before. Germany is clearly going to be impacted by this the most. Germany industry is going to see a 8 fold increase in the base cost of its industrial energy inputs. And that is being optimistic at best. That does not mean that their products will cost 8 times more when manufactured but it will put a significant cost on he production of a product. So a German car that cost €50000 and look attractive and luxurious may still keep that luxurious standard but all of a sudden it may cost €55000.
2
@terryfaugno9242 The super tankers for LNG cannot produce the same levels of gas as a pipe line. Germany is going to see a 8 fold increase in the energy input cost of its manufacturing.
1
It depends if it is warm and wet or warm and dry.
1
None of that will change the fact that German industrial production will become more expensive. LNG is more expensive.
1
People cannot read anything into this period as next year it could be freezing cold.
1