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Energy Crisis Hits Europe With Natural
Gas Prices Rising a Whopping 250 Percent

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Posted By: Hazymac, 9/22/2021 11:55:00 AM

The British energy industry is headed for a big shakeup as wholesale natural gas prices have been climbing since the beginning of this year. The latest gas price at the Dutch TTF hub, a European benchmark, gained on Monday to trade at 73.150 euros ($85.69) per megawatt-hour, close to the record high seen last week. The benchmark has risen a whopping 250 percent since January. British Business Secretary Kwasi Kwarteng felt it necessary to assure the British public that there would be gas to heat their homes this winter. “There is absolutely no question of the lights going out or people being unable to heat their homes,” Kwarteng told the House of Commons.

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Reply 1 - Posted by: Ribicon 9/22/2021 12:06:10 PM (No. 922897)
There's been a lot of coverage about this in the UK news, preparing people to freeze in their homes this winter or pay through the nose. But on the other hand, they're bursting with pride at saving the environment from imaginary threats by being Green. You asked for it, you got it.
34 people like this.

Reply 2 - Posted by: Come And Take It 9/22/2021 12:07:06 PM (No. 922900)
Enjoy being under the thumb of Comrade Putin, Eurotrash. Trump warned you, but the adults are now in charge and Xiden wasted no time in going down on Putin on your behalf. Embrace the suck. By the way - reports are that Britain is days from being out of carbon dioxide, used for carbonation, nationwide. How's that greenie agenda, which shut down the last fertilizer plant that produced it as a byproduct, working out?
20 people like this.

Reply 3 - Posted by: planetgeo 9/22/2021 12:12:24 PM (No. 922914)
This is the price of stupidity conjoined with virtue signaling.
19 people like this.

Reply 4 - Posted by: Venturer 9/22/2021 12:15:47 PM (No. 922917)
Coming to America soon.
16 people like this.

Reply 5 - Posted by: udanja99 9/22/2021 12:25:32 PM (No. 922934)
How’s that socialism thing working out for you, Europe?
15 people like this.

Reply 6 - Posted by: DVC 9/22/2021 12:33:11 PM (No. 922946)
Interesting. The last time I traveled around France, about three or four years ago, IIRC, diesel fuel was about $9 a gallon. They really are angered by the concept of ordinary people having cars and moving around freely when and where they want, aren't they? And how will people heat their homes this winter?
14 people like this.

Reply 7 - Posted by: skacmar 9/22/2021 12:42:52 PM (No. 922957)
You dance with the devil, you get burned. Stupid energy policies beget stupid results. I hope those sophisticated Europeans can heat their homes with their windmills, solar power, and good feelings about each other when the natural gas runs low. I'm sure that Russia is just jumping for joy planning how to control their supply to Europe via the Biden Gas Pipeline. They will come to the rescue with expensive natural gas and put stranglehold on Europe.
17 people like this.

Reply 8 - Posted by: red1066 9/22/2021 1:08:49 PM (No. 922987)
Between Biteme killing off U.S. production, and letting the Soviets finish their pipeline, the euroweenies are getting what they asked for. The Soviets will sell the euro's gas, but at ridiculous prices. Enjoy your winter. I hope your nose doesn't freeze off while looking down it at us stupid Americans.
13 people like this.

Reply 9 - Posted by: bad-hair 9/22/2021 1:16:47 PM (No. 922998)
Don't panic. We have Russians to the rescue. Until they get their pipeline finished BUY ELECTRIC CARS.
8 people like this.

Reply 10 - Posted by: DVC 9/22/2021 1:32:21 PM (No. 923025)
This is how Putin controlled Ukraine. He controlled the price and availability of NG based on whether Ukraine did what he wanted or not. I have seen my friends in Kiev literally freezing inside their apartment, wearing coats inside in the winter due to Putin. And these Euro-idiots agreed to let Putin control their energy supply.
10 people like this.

Reply 11 - Posted by: downnout 9/22/2021 2:52:56 PM (No. 923110)
It’s what the Greenies want…..high prices for fossil fuels so we’ll use green energy. Too bad the wind doesn’t blow all the time and solar doesn’t work on cloudy days. Ooops! Putin is probably getting ready to raise the price of NG even more.
10 people like this.

Reply 12 - Posted by: sw penn 9/22/2021 3:05:36 PM (No. 923121)
There seems to be a problem... Let's vote for more socialism!!!
10 people like this.

Reply 13 - Posted by: MickTurn 9/22/2021 6:13:32 PM (No. 923290)
Talk to Putie, he's a reasonable guy, he'll probably only charge you 249 Percent more...
2 people like this.

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Energy Crisis Hits Europe With Natural
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The British energy industry is headed for a big shakeup as wholesale natural gas prices have been climbing since the beginning of this year. The latest gas price at the Dutch TTF hub, a European benchmark, gained on Monday to trade at 73.150 euros ($85.69) per megawatt-hour, close to the record high seen last week. The benchmark has risen a whopping 250 percent since January. British Business Secretary Kwasi Kwarteng felt it necessary to assure the British public that there would be gas to heat their homes this winter. “There is absolutely no question of the lights going out or people being unable to heat their homes,” Kwarteng told the House of Commons.
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