The climate change movement: July 28, 1995 to August 14, 2020 RIP

[freebeard]

WTF has happened to CNN?

lite.cnn.com/en/article/: Europe now has so much natural gas that prices just dipped below zero

Europe has more natural gas than it knows what to do with. So much, in fact, that spot prices briefly went negative earlier this week.

For months, officials have warned of an energy crisis this winter as Russia — once the region's biggest supplier of natural gas — slashed supplies in retaliation for sanctions Europe imposed over its invasion of Ukraine.

Now, EU gas storage facilities are close to full, tankers carrying liquefied natural gas (LNG) are lining up at ports, unable to unload their cargoes, and prices are tumbling.

The price of benchmark European natural gas futures has dropped 20% since last Thursday, and by more than 70% since hitting a record high in late August. On Monday, Dutch gas spot prices for delivery within an hour — which reflect real time European market conditions — dipped below €0, according to data from the Intercontinental Exchange.

Prices turned negative because of an "oversupplied grid," Tomas Marzec-Manser, head of gas analytics at the Independent Commodity Intelligence Services (ICIS), told CNN Business.

It is a hugely surprising turn of events for Europe, where households and businesses have been clobbered by eye-watering rises in the price of one of its most important energy sources over the past year.

Warm weather to the rescue
....
Felix Booth, head of LNG at data firm Vortexa, told CNN Business that as many as 35 vessels are either floating near, or sailing very slowly towards, ports in northwestern Europe and the Iberian peninsula because of a lack of storage options.

Those ships will "likely take another month to find home for the cargoes," he said.

Together, they're carrying about $2 billion worth of LNG, according to Kpler, citing energy market data provider Argus Media.

[redpoint5]

You mean as far as resembling factual news?

Also, warmer weather can't ever be good, remember?

[oil pan 4]

Fighting a trillion dollar propaganda machine with memes.

[freebeard]

Too wordy, must be a leftist meme.

[oil pan 4]

That's what makes it so appropriate.

[freebeard]

I can't find it again but an effective meme would be a picture of Vijaya Gadde that just says "Learn to Weld".

[oil pan 4]

Oh man us deniers will never be able to compete with this level of intellect, the purity of their logic is astonishing.
https://youtu.be/yPtwduVxzjg

https://m.youtube.com/watch?v=yPtwdu...ature=youtu.be

[freebeard]

First Andy Warhol desecrates a BMW, then they pile on.

They should be listening to their new Prime Minister.

'Magnificent': Meloni blasts France's 'exploitation' of African countries on live TV
Couriermail|2 days ago
Italian Prime Minister Giorgia Meloni has given a TV interview explaining how France "continues to exploit poor, African countries" which then adds to Europe's illegal immigration crisis, Sky News host Rita Panahi says.

[redpoint5]

News should just not even mention these very unimportant and uninteresting acts of vandalism. That way, while they are paying restitution for their damage, they don't even get the satisfaction that the price they paid was worth it.

[freebeard]

The guy that vandalized my Metro never found out that he would have failed if the hot-wire had succeeded.

The old aphorism is "You buy 'em books and buy 'em books, and they just chew on the covers"