Germany stops NordStream2 Gas Pipeline Certification Process

Discussion in 'Commodity Futures' started by thecoder, Nov 16, 2021.

  1. thecoder

    thecoder

    https://www.rt.com/russia/540395-nord-stream-certification-germany/
    Idiots @ Work :)
    Gas prices will soar again, and people will die from the cold b/c of this idiotic decision of some bureaucRat idiots...


    https://finance.yahoo.com/quote/BOIL
    ProShares Ultra Bloomberg Natural Gas (BOIL)
    NYSEArca - NYSEArca Delayed Price. Currency in USD
    53.80+4.36 (+8.82%)
    At close: November 15 4:00PM EST

    56.90 +3.10 (+5.76%)
    Pre-Market: 08:04AM EST
     
    Last edited: Nov 16, 2021
  2. Cuddles

    Cuddles

    Good. Fuck Russian land grabs
     
    swinging tick, Nobert and d08 like this.
  3. thecoder

    thecoder

    What land grab? The Crimean people have voted for Russia and not for Ukrashit.
     
  4. d08

    d08

    Good decision. Finally some long-term thinking instead of the usual Russian boot-licking. Even nuclear energy is a better option than relying on Russian nat gas.
     
  5. d08

    d08

    You're clearly a Russian. Might as well admit it, it's obvious anyway. So when a Russian border town votes to join China or Japan, Russia will just respect the decision? Give me a break, Russian OMON troops will come, beat people half to death and then jail them for life as they've always done.
     
  6. thecoder

    thecoder

    Russia can sell its oil and gas also somewhere else in the world, especially in Asia.
    But, if multiple nations agree on such a big pipeline project in the beginning, then after some years some of these members breach the contract, so is that then OK in the business world?... Nope! And Russia should never again do such a business project with such unreliable partners, IMO.
     
    hanneswas likes this.
  7. maxinger

    maxinger

    Germany shouldn't have started this pipe project in the first place.
    too much geopolitical risk.

    use other means of transporting gas other than using pipes.
    the operating cost will be higher, but there will be lower risk.
     
    Last edited: Nov 16, 2021
    murray t turtle likes this.
  8. d08

    d08

    Not quite. The pipelines haven't been built and it's far more expensive to reach coastal China then it is western Europe. Supplying the current amounts to China is years away if Europe would be cut off.

    Russia is the ultimate unreliable partner, violating airspace in Finland and the Baltics, invading Ukraine, causing border queues unnecessarily, supporting riots in Estonia etc.
    So your argument is quite hilarious. It's like a career criminal who was caught after killing multiple people complaining that the police hurt his arm when he was arrested. Yeah, cry me a river.
     
  9. virtusa

    virtusa

    This can cost Putin personally billions.
     
    d08 likes this.
  10. thecoder

    thecoder

    NatGas up +15%

    NatGas_futures_Dutch_TTF_F_on_2021-11-16-Tu.png
     
    #10     Nov 16, 2021