Submitted by IndependentTHNKR t3_zvjo85 in worldnews
quirkyhermit t1_j1pjl21 wrote
Reply to comment by 11OldSoul11 in Russia ready to resume gas supplies to Europe via Yamal-Europe pipeline -Novak by IndependentTHNKR
Is this a joke? This has to be a joke.
No, it's not necessary. Unless you want affordable energy prices. For decades we made ourselves increasingly dependent on russian energy. It will take time and sacrifice from all of us to change that. One consequence is that people will have trouble warming up their homes in winter. So no, it's not necessary if you're okay with the fact that the poor WILL struggle and some will die.
acox199318 t1_j1pov3g wrote
My understanding is Europe already has enough gas stored for this winter.
Plus Germany is now getting its gas by sea.
By next winter Canada will be producing enough for Europe to factor Russia out.
quirkyhermit t1_j1pxhhh wrote
Because of enormous amount of effort in a really short time. It's literally cost billions. And we all know we should have done it years ago with how dangerous and volatile russia is, but we didn't and it's costing countries and families. It's a price most of us are willing to pay, amd we understand the absolute necessity, but to say things are no problem is a lie.
acox199318 t1_j1qy7uj wrote
I’m really impressed with how quickly Germany has moved!
The wait now is mostly Canada getting its supply up!
11OldSoul11 t1_j1pjw16 wrote
i'm asking for facts, not speculation.
WolfDoc t1_j1pk41r wrote
You don't seem to know what facts are, as you just got some
quirkyhermit t1_j1plrod wrote
Jfc do you not have google? Russia has about 14% of the world's gas supply. That's an insane amount. Look at the size and placement of russia on a map and you'll se why they have these resources. It would take you 5 minutes to google. The reason we didn't start off with numbers is that we expect people to have this basic knowledge. Even my 13 year old knows this.
thinks1ow t1_j1pk37r wrote
Unfortunately you got facts my guy, it’s not as simple as Europe turning off the switch unfortunately. Fuck Putin
Niosus t1_j1pl7zy wrote
It's not as easy as turning a switch, but it's not like Russia is the only gas exporter in the world. Prices went crazy because there was a sudden shift in supply. It takes time to shift to different suppliers. As things stabilize, you'll see prices normalize again.
They won't ever go as low as the Russian prices, because those had a hidden cost. But even now the gas prices are already much more reasonable. The poor will need some support, but in general it's looking like most people will be just fine.
thinks1ow t1_j1plrd3 wrote
Also prices “went crazy” because gas companies saw an opportunity to hike prices to make record profits, let’s not lie to ourselves. Their balance sheets are public knowledge, it’s not even a conspiracy
11OldSoul11 t1_j1pm9ln wrote
thanks, that was were I was going with my question. Right now the prices are pre-war and they were artificially high caused by panic and the gas companies exploring this very quickly and people running along with it.
thinks1ow t1_j1pmbxv wrote
Yup, unfortunately you are dead on here
thinks1ow t1_j1plcxz wrote
The ability to export gas does take significant infrastructure though which not only takes money but a lot of time to physically build. This is one of the larger choke holds on the situation from my understanding
Niosus t1_j1r9d85 wrote
Yes there is a need for more plants that can take LNG and turn it back to gas. There isn't nearly enough capacity for that yet. But there has been significant progress already in Germany, where it is needed most. These plants are usually slow to build because of bureaucratic issues and a lack of urgency. However when there is a strong need to get capacity up and running quickly, you'd be surprised how quickly those plants can be up and running. Next winter might not yet see many of those being operational, but by the winter after that they absolutely will be. Combined with the already 20% reduction in gas usage in Europe on such short notice, I'm not particularly worried. Nothing breeds efficiency like necessity.
Mind you I'm from a country that was bombed to rubble by both the Nazis and the Allies back in WW2. People are more resilient than they think. If my grandparents could live through that 80 years ago and the Ukrainians can do it now... I'll be just fine doubling up on blankets. We're still the lucky ones in this whole ordeal...
thinks1ow t1_j1plivi wrote
We are seeing improvements in LNG technology however which could potentially provide some alleviation but it’s still not on the scale to support the majority of Europe
thinks1ow t1_j1pknvx wrote
This is the truth, people are being forced to make a horrible sacrifice nobody should have to make. Make no mistake this is putin’s war and these are what he knows to be the side effects. Slava Ukraini
Viewing a single comment thread. View all comments