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Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Same people who look down their noses at non-esstential truck and SUV ownership wouldn’t hesitate to jump on a plane for a European trip…. Price of oil flows through everything. It isn’t just about what you pay at the pump. It literally impacts everything. We’re watching the post-WWII order crumble because Germany tried to go green (too fast?) yet many on this side of the Atlantic are doubling down on renewables and electric everything. People have no clue just what they are asking for. [/quote] Wow. You're living in a bizarre world of fiction.[/quote] Right??? So the reason Russia is threatening Ukraine is because —— Germany loves green tech??? Seems like a stretch😁[/quote] Bigtime. But when you've spent the last decade plus completely indoctrinated in conservative spin 24x7 having these kinds of things 'splained to you repeatedly you start thinking it makes sense. As an infamous minister of propaganda once said, repeat the lie often enough and people will believe it.[/quote] Get out of your echo chambers. That Russia has Europe in a bind over natural gas supplies (and particularly Germany) is well understood and covered. https://www.ft.com/content/b23082f5-030d-42df-be8b-3d55ef613b1a https://www.independent.co.uk/news/world/europe/russia-ukraine-nord-stream-2-pipeline-b2018893.html https://www.washingtonpost.com/politics/2022/02/18/german-economy-depends-russian-gas-theres-long-history-behind-that/ https://www.thetimes.co.uk/article/putins-gas-pipeline-the-stasi-connection-fklvlkk5q https://www.washingtonpost.com/opinions/2022/01/01/germany-is-closing-its-last-nuclear-plants-what-disaster/ (MT Newswires) Commerzbank analyst Barbara Lambrecht on Thursday said she expects Germany to bear the brunt of any interruption of natural-gas supply should Russia cut off shipments in retaliation for the imposition of sanctions if Russia follows through on an invasion of Ukraine as it continues to build up troops and materiel on its border with the country. "A supply freeze of Russian gas would affect the EU countries to varying degrees, even if there is basically a single gas market," Lambrecht said in a report. "Germany is by far the most important sales market for Russian gas: Germany, which covers a quarter of its energy consumption with gas and is thus above the EU average, obtains more than half of its gas requirements from Russia. Germany does have the largest storage volumes within the EU and, with a storage capacity of around 24 bcm, ranks fourth in the world behind the USA, Russia and Ukraine. But even these reserves - unlike in recent years - are not better filled than in the rest of Europe ... New supply could only be attracted by higher prices. Germany would undoubtedly be the country most affected in the EU." -0- Feb/17/2022 16:25 GMT [/quote] Echo chamber? The premise was that Germany got too green. Germany's dependence on natural gas is the EXACT OPPOSITE of green tech. [/quote] Since 2010, Germany has tried to go green with renewables and retirement of nuclear and coal. The problem has been that renewables are more expensive and intermittent. Cost is a problem for the German manufacturing sector and intermittency is a problem for the whole society. Since Germany (really Merkel) political commitments to its phase out Nukes and Coal, and since you have to solve the aforementioned cost and intermittency problems, natural gas has been the answer for Germany. Since 2010, as a mix of production, Natural Gas has grown in Germany by about 33% while nuke and coal have declined by similar material percentage. And since Russia is the single most important supplier of natural gas to Germany, you now have Germany in a compromised geopolitical position with respect to Russia. [/quote] We are ALL in a compromised geopolitical position when it comes to oil in the first place. We have literally been at war in Asia for decades due to oil. Why wouldn’t we develop alternatives that don’t help finance authoritarians? Not to mention the destruction of our shared ecological heritage.[/quote]
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