685327594 t1_itqkf7l wrote on October 25, 2022 at 4:04 PM

Reply to comment by Achillies2heel in [OC] European Gas Storage in %fill vs. %Storage of Average Annual Consumption by shortdaYOLO

That's not really what this graph shows. Europe's gas storage is very high and a warm winter is expected. Everything should be OK so long as the forecast stays warm.

Achillies2heel t1_itqlsno wrote on October 25, 2022 at 4:13 PM

1: your assuming % gas storage means they have enough, storage is for emergencies and the amounts vary per country.

2: I trust weathermen as much as I trust the russians to not commit war crimes.

685327594 t1_itqmfiq wrote on October 25, 2022 at 4:17 PM

Just to be clear it's not really my opinion, it's the experts opinion. That's why prices have been plummeting recently:

https://tradingeconomics.com/commodity/eu-natural-gas

Achillies2heel t1_itqmlgr wrote on October 25, 2022 at 4:18 PM

Prices are plummeting because europe is headed for a deep recession.

685327594 t1_itqnj9g wrote on October 25, 2022 at 4:24 PM

Well, its kind of a chicken and egg scenario. The high prices are what's CAUSING the recession.