On Monday this week something peculiar happened in the European natural gas market: the spot price went negative. That is, traders were paying other traders to take contracts for gas deliveries off their hands. EU energy prices are artificial! There is no scarcity. This is a planned strike on the EU - The Great Awakening

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On Monday this week something peculiar happened in the European natural gas market: the spot price went negative. That is, traders were paying other traders to take contracts for gas deliveries off their hands. EU energy prices are artificial! There is no scarcity. This is a planned strike on the EU (media.greatawakening.win) 🗣️ DISCUSSION 💬

posted 2 years ago by catsfive (context) 2 years ago by catsfive +312 / -1

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– CherokeePede 5 points 2 years ago +5 / -0

It makes some sense if there is a shortage. If they are all expecting to not be able to honor those contracts it makes sense they would be willing to lose a little to not be holding the bag.

Unless there is something I am missing.

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