Gas & Electricity

[KS55]

50 Ships hanging about Europe, each full of LNG but nowhere to discharge it. Some gasification facilities being hastily put together, as LNG needs heating to turn it into gas. Storage at 90% or more.
Incidently, the poster who blamed Brexit for any UK energy problems (in the Ukraine thread) was talking rubbish. UK energy relationship with EU, including access agreements, unchanged by Brexit, at least until 2028.
Germany now suggesting a completely new regime for EU energy market. Quelle surprise.

 

[RobMCFC]

Anyone else with EDF? They credited our bank with the government money instead of our account, im sure they said they weren’t going to do that. Dangerous game that lots will spend it on other things

We're with EDF, still not had anything yet.

 

[Nellies left peg]

I’ve upped my DD by £66 so it goes back in

Our account is in credit so I’m not giving them robbing bastards any more than I have to.But our bill is due in November so will see how we stand then

 

[abu13]

We are with Eon, the money went straight in as a credit on the Gas and electric account.

 

[pride in battle]

Just love that pile of logs with the risk of dry rot, woodworm and other pests getting into the house….

You don't have talk some **** sometimes...

 

[blue b4 the moon]

I’ve upped my DD by £66 so it goes back in

The £66 quid literally covers our bill at the moment as we're on a decent fixed rate for another 12 months.

We've been putting the cash they'd normally have from us into our savings accounts as we're already a couple of hundred in credit.

 

[Blue Maverick]

The £66 quid literally covers our bill at the moment as we're on a decent fixed rate for another 12 months.

We've been putting the cash they'd normally have from us into our savings accounts as we're already a couple of hundred in credit.

I’ve stuck it back in so we can just start using stuff as we see fit, if it’s cold and we get in off a walk I’m banging it on we can afford (luckily) fuck it

 

[denislawsbackheel]

You don't have talk some **** sometimes...

Thirty years of owning a wood burner and learning from experience.
What’s your qualification other than being a gobshite?

 

[abu13]

I guess one more week and then people will get some indication of where their bills are going to sit, for many people they may have put the heating back on for a few days for the first time in months.

 

[pride in battle]

Thirty years of owning a wood burner and learning from experience.
What’s your qualification other than being a gobshite?

Try 50 years with a log burner gobshite, no rot, if a log burner is so bad why have one for 30 years you plank ?

 

[Scottyboi]

Try 50 years with a log burner gobshite, no rot, if a log burner is so bad why have one for 30 years you plank ?

Think he's on about how the logs are stored not actually using a log burner.

 

[mancityvstoke]

Think he's on about how the logs are stored not actually using a log burner.

yeah...should keep em dry but outside or creepy crawly heaven

 

[pride in battle]

Think he's on about how the logs are stored not actually using a log burner.

Yes I know mate but I've been brought up with log burners, I HAVE a log burner and I've never known the logs to cause woodworm etc, unless he had them in the house pissed wet through ? Maybe he did...

 

[pride in battle]

yeah...should keep em dry but outside or creepy crawly heaven

No woodworm/dry rot ? ;)

 

[pride in battle]

yeah...should keep em dry but outside or creepy crawly heaven

He should have said 'I hope the logs are kiln dried' instead of assuming she's a numpty like he obviously has been in the past.

 

[mancityvstoke]

No woodworm/dry rot ? ;)

spiders....shudder ......or them orrible wood eating thingys

 

[meeesh]

I fucking love BM me,arguing over fucking log burners and where to store the said logs,I think it's great here,wouldn't leave for the world.

Keep up the good work :)

 

[pride in battle]

I fucking love BM me,arguing over fucking log burners and where to store the said logs,I think it's great here,wouldn't leave for the world.

Keep up the good work :)

I know, bit over the top, I apologise guys...

 

[meeesh]

I know, bit over the top, I apologise guys...

Give over,it's all banter

 

[metalblue]

They won’t fall at home though because they buy them a year in advance, what it should mean is that next year they should plummet

That’s not the case (or at least shouldn’t be). The European gas market is priced against spot TTF (the chart was spot TTF which is the dutch natural gas benchmark delivery “today”), so we should see the benefits of lower TTF at next price fixing. Cheaper gas also means cheaper refining costs so we should see a reduction in petrol and diesel prices as well. As every silver lining has a cloud it’s worth noting these prices are still many magnitudes higher than historical TTF prices so costs will still be high to us, but possibly not as bad as feared.

I think the reasons he gave for the price reduction missed a bigger cause, although certainly Russia’s weaponising of gas against Europe has not had anything like the impacts Putin planned. China has been pulling in huge amounts of cheap nat gas from Russia (they won’t disclose how much) but it has the consequence of reducing their demand from other sources which has in turn lowered prices for rest of the world. So despite the initial panic and fear from markets and Putin’s held belief that Europe would come running his invasion has only actually succeeded in making Russia a significantly poorer pariah state.