My dad has told me about the gas shortages back in the 70's and 80's and people were running out of gas at all the stations. Prices were rising 50-60 cents a day. All the gas was getting allocated and that caused massive lines at all the pumps. It also caused a lot of stores to go out of business. He built his business up by himself with a couple cstores in Houston and then when the shortages hit he was able to buy up some closed down stores, which allowed him to use their allocation and put fuel into his best stores. Moral of the story, he was was able to take advantage of whatever cards he was dealt. Everyone else was too scared to even play. Now is a time to be positive and take advantage of the things that only us are ready for. I think its about to get a lot worse though
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Welcome to European gas prices.
Here in Germany this morning it's the equivalent of $7.71 a gallon, but only because the dollar is stronger than it was the last time gas prices went up.
We pay 20 to 30 cents more per liter than we did a dozen years ago, but a euro costs $1.11 when it used to cost $1.40. Back in those days I paid $9.25 a gallon.
I think Finland has the highest prices right now and they're near $10.00. So is Turkey.
£1.56 a litre or £7 a galllon here in uk
7 pounds is about $10 right now, correct?
Yea pretty much
About half the houses in Germany use natural gas for heating and almost no one uses a gas stove. They're usually electric.
The natural gas price per m3 in Germany is currently around 70 cents, but that isn't a particularly useful number by itself.
The meter on the side of the house measures meters of consumption in cubic meters while the gas company bills you in kWh.
One m3 of natural gas is roughly 10 – 11 kWh.
A 100 square meter apartment will need somewhere around 12,000 kWh per year.