Rystad: Record natural gas prices are the main driver behind sky-high electricity rates in Europe

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[mattdrummond]

Trump tried to tell them at the united nations. They laughed at him. Not laughing now are they.

[PeetHobby]

Why is the price so high for the consumers, natural gas is still much cheaper than on 2008 for example, natural gas cost now 7.67 US Dollars per Million Metric British Thermal Unit, was in 2008 $12.68 per Million Metric British Thermal Unit, and in 2015, 2016, 2017, 2018 it was around 5 dollar for those years, so it's higher but not 300-500% times higher like many consumers have to pay. And why is it that people always must feel the pain when price are high but we never get price cuts when price is extreme lower(5-10 times lower). Companies must carry more of the weight, it's not luxury product it's a basic necessities of life.

[jessicaprintke]

Europe has become very Dystopian. The famous morning show plays a game called Spin to Win. People are given a choice between money Or paid electricity bills. People are picking electricity bills. That is very Disturbing. And people in Norway I hear from the Canadian prepper Are having to turn the refrigeration down That's dangerous. People are even Shortening Their days. And it is only expected to get worse.

[Jimbobo]

That’s what you get for listening to a snotty nosed 16 year old for energy advice

[gaileickhoff]

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities :(

[jessicaprintke]

This is exactly what I have been trying to tell you is that wind solar and other sources of electricity will be necessary in the future. But there are not very many people who are qualified trained and skilled In such Trades. People in times of hardship Sacrifice many things If you look at history you will see. Education is one of them. United States might have a large population Compared to some But when it comes to skilled workers In trades that are in demand right now and that will be a demand in the future Our population is very small.

[PeetHobby]

They must cut the Co2 emission tax for 2022, that is to motive people to use less, but with higher price that goal is already reached. And cut energy tax, those are much higher than calculated, so that can be cut without any consequences.

[floridaray]

More like putting all your energy needs into the hands of russia while going 'green' at home.