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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– 007wannabee 1 point 2 years ago +1 / -0

I heard this was entirely caused by a number of Liquid Natural Gas LNG ships queuing at the EU's very limited regasification facilities, unable to get landing slots.

LNG ships queue to unload in Europe

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