Not long ago, we thought that interlocking finances between countries would bring less chance of war. Europe thought it was safe to get gas from Russia because they thought Russia would be too dependent on the revenue to go rogue. Why would Russia, who relies on the revenue from gas, risk alienating their customers by invading a neighboring country? Why would China, who sells so many of their goods to the US, risk that revenue by causing trouble in the China Sea?
Well, apparently, that idea has not worked. Apparently countries are willing to let their people suffer from the financial repercussions in order to peruse long term gains in global political power. Too bad. I really thought that would work. Let’s not fault Europe for following a policy of increasing engagement with other countries as everyone else was doing. Let’s consider the US who is now dependent on China for computer chips and most of the raw materials we need for our economic engine. Ruth Ann (She, her, hers) > On Aug 14, 2022, at 2:11 PM, Stephanie Smoot <[email protected]> > wrote: > > > Let the politicians in Europe sweat. Europe (Germany in particular) has > chosen to support, promote and strengthen Russian natural gas production thru > the glossy new Nordstrom II, instead of other energy choices and resources > available, and instead of considering issues of energy security. Just like > the VW diesel crisis, somebody over there took a calculated risk that all > would be well, and went for the money. > > I am fine with selling Europe lots of natural gas, but not subsidizing them. > They are wealthy enough. Plus, historically, Europe has done very little > to support Ukraine other than to exploit them m as a source of cheap labor. > > Why is the cost of our home-grown natural gas doubling? In my opinion it is > demand caused by Europe being played (German leadership in particular) and > our government bailing them out at the citizens' expense. > > Regards, > Stephanie Smoot > > 857 368-9175 work > 781 941-6842 personal cell > 617 595-5217 work cell > 126 Chestnut Circle > Lincoln, MA 01773 > > > > > Virus-free.www.avg.com > >> On Sat, Aug 13, 2022 at 8:17 PM Edward Kern <[email protected]> wrote: >> The EIA also forecasts a drop in Henry hub natural gas prices. But who >> knows. I expect we're going to be exporting lots of LNG to Europe to make >> up for their refusal to support the Russian invasion of the Ukraine. >> >> Note also since our electric system is about 50% based on natural gas >> generators, the energy portion of electric bills is also going to see sharp >> increases. Only those with fixed futures contracts will be spared until the >> contracts expire. Lincoln's electric aggregation program contact expires at >> the end of the year. >> >> Ed >> >> >> >> >> >>> On Fri, Aug 12, 2022, 17:01 Rich Rosenbaum <[email protected]> wrote: >>> I suspect the price increase has less to do with National Grid's profit >>> margins than with the price of natural gas supplies in the US. >>> >>> >>> >>> from https://www.eia.gov/todayinenergy/detail.php?id=52698 >>> >>> >>> >>>> On Fri, Aug 12, 2022 at 4:41 PM Christina Thompson >>>> <[email protected]> wrote: >>>> I just had a conversation with someone at National Grid about my gas bill >>>> and was told that, yes, there had been a price increase. Apparently the >>>> price of gas in March 2021 was $.58/therm. In March 2022 it was >>>> $.94/therm. I haven't seen much talk about it, but this strikes me as an >>>> outrageous rate of increase, even in an inflationary environment. >>>> >>>> Christina Thompson >>>> >>>> >>>> >>>> -- >>>> The LincolnTalk mailing list. >>>> To post, send mail to [email protected]. >>>> Search the archives at http://lincoln.2330058.n4.nabble.com/. >>>> Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. >>>> Change your subscription settings at >>>> https://pairlist9.pair.net/mailman/listinfo/lincoln. >>>> >>> -- >>> The LincolnTalk mailing list. >>> To post, send mail to [email protected]. >>> Search the archives at http://lincoln.2330058.n4.nabble.com/. >>> Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. >>> Change your subscription settings at >>> https://pairlist9.pair.net/mailman/listinfo/lincoln. >>> >> -- >> The LincolnTalk mailing list. >> To post, send mail to [email protected]. >> Search the archives at http://lincoln.2330058.n4.nabble.com/. >> Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. >> Change your subscription settings at >> https://pairlist9.pair.net/mailman/listinfo/lincoln. >> > > > Virus-free.www.avg.com > -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. >
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