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Traders are hoarding gas at sea so they can cash in once prices surge over Europe's winter supply squeeze: report (markets.businessinsider.com)

posted 2 years ago by pepperonishoes 2 years ago by pepperonishoes +67 / -0

Traders are hoarding gas at sea so they can cash in once prices surge over Europe's winter supply squeeze: report

Europe's power utilities are also turning to offshore LNG storage as onshore facilities max out, Bloomberg reported, a rare move.

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– CommiesGetTheRope 2 points 2 years ago +2 / -0

Best way for Putin to do this is short the fuck out of the hoarders and then flood the market. Russia gets their price on gas through the shorts and wipes out the douchebags.

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– Datadude 2 points 2 years ago +2 / -0

Yeah completely agree.

He holds the ability to burn them all. Wouldn't you just love to be sitting in his chair right now.

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