European gas markets are facing renewed winter anxiety as storage levels remain unusually low and the Iran conflict disrupts global energy supplies.
EU facilities were about 64% full on Friday, well below the roughly 80% seasonal average, with Germany just above 50%, the Netherlands around 45% and Belgium near 50%.
Gas prices have consequently climbed above €66 per megawatt-hour, more than twice their level earlier this year, as disruption to Qatari LNG shipments through the Strait of Hormuz increases competition between European and Asian buyers.
Analysts warn that depleted reserves leave Europe particularly vulnerable to a cold winter, weak wind-power generation or further supply interruptions. The pressure comes as the EU continues reducing its reliance on Russian energy, whose share of the bloc’s gas imports has fallen sharply since 2021, raising fresh concerns about energy security and winter price volatility.
Haven’t seen hyde nor hare of Liz Truss lately?
Maybe the state could help subsidize these outlandish prices if Starmers 100 year co operation agreement hadn’t been signed with Ukraine
If small flotillas of illegal migrants landing on British shores were stopped
If Ed Miliband had been kept on the leash
The list goes on
The British people have been betrayed by a long line in succession of corrupt incompetent lackey in servitude spineless politicians
Crashing by design
But supply and demand being two entirely different and separate things
Ukraine corrupt clinically dead on life support brain dead and losing a war that can never be won
Time to pull the plug
Investors losing faith in property
https://www.rnz.co.nz/news/personal-finance/1191533/investors-losing-faith-in-property
Housing is a big part of the NZ economy
Recent years have seen high migration flows to New Zealand, particularly under the Labour government’s policies
Some people want to carry that on
Housing is an appendage of the banks
What we have got in NZ is confusion instability Babel
With a political system that has been entirely turned upside down which has run its course with nowhere to turn
Anybody with a rental knows that after IRD has had a go at you there isn’t a lot left
Especially for those who have opted into rentals for family not to milk and exploit
There is nothing worse than not knowing how to plan what could reasonably be expected to eventuate and what to do
Everything is based on confidence and whether in fact people possess that confidence to invest and proceed
What sort of dysfunctional after birth we are going to be left with after the next elections is anybody’s guess?