Europe could run out of gas, risks triggering financial crisis

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  • เผยแพร่เมื่อ 9 ม.ค. 2025

ความคิดเห็น • 33

  • @katiekilbo
    @katiekilbo 5 ชั่วโมงที่ผ่านมา +20

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      @MianHussnain-tu1wi 4 ชั่วโมงที่ผ่านมา +1

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      @amytuttle1621 4 ชั่วโมงที่ผ่านมา +1

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      @KaylaAnn11896 4 ชั่วโมงที่ผ่านมา

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      @mfmcintyre 4 ชั่วโมงที่ผ่านมา

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    • @BigNate82
      @BigNate82 4 ชั่วโมงที่ผ่านมา

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  • @coffeestocks3571
    @coffeestocks3571 วันที่ผ่านมา +8

    Great Stuff...Thank you Ken and Paul

  • @Andrewskji
    @Andrewskji วันที่ผ่านมา +7

    EU should also be worried about the long term situation, Norway peaked in gas production in 2023 and will reduce gas production going forward. USA has peaked in shale production and is already in decline. That means that in the long turn Europe can not rely on imports from these two countries for the majority of their consumption. Regarding the middle-east China and Russia are firmly in place in Iraq and Iran. Even if the energy can be found it will be expensive and will undermine any industrial development in Europe. The question is how long the Euro will remain a strong currency or how long it will last before either the EU or the Euro will simply collapse.

  • @crumdub12
    @crumdub12 วันที่ผ่านมา +6

    Great stuff Lads

  • @SK-ke2ep
    @SK-ke2ep วันที่ผ่านมา

    I TRUST AND RESPECT THIS CHANNEL. I HAVE BEEN HEARING FOR YEARS NOW THE EU WILL RUN OUT GAS. HAS NOT, WILL NOT, WON'T HAPPEN.

    • @liberos100
      @liberos100 วันที่ผ่านมา

      As long as you pay more than some other country..... But for what consumer price?

    • @harryflashman4542
      @harryflashman4542 วันที่ผ่านมา

      There will be a point where the rising cost of living will impact the voting public and governments will not be able to place liberal political ideals above social necessity.

  • @pwalker1360
    @pwalker1360 วันที่ผ่านมา +1

    The USA would NEVER allow Syria to have a pipeline. Ever. That's why the USA was going to support the jihadis there even if Israel didn't demand they do. The USA doesn't want to see ANY other gas entering Europe but their own. So, expect the Kurds and Damascus to never allow shipments to Europe.

  • @grahamaskey5721
    @grahamaskey5721 วันที่ผ่านมา

    I remember an expert explaining that part of the function of the gas storage facilities is to pressurise the system and so requires a certain level to operate. Sorry cant remember the percentage but the point being that not all of the gas in storage is available for use. Once we get below a certain level the system doesn't operate properly or potentially even not at all in places depending on what external supplies are still being pumped in.

  • @perlefisker
    @perlefisker วันที่ผ่านมา

    I've been listening to economy expert warning of economy collapse any day soon for more than a decade. What I've learnt is that they don't have a clue. I hope it will all come down in a massive crash tomorrow - don't believe it will happen.

  • @jakelemay7913
    @jakelemay7913 วันที่ผ่านมา +1

    Canada could sell you gas cheap if we didn't have a juvenile nacissist posing as a Prime Minister, eh.

  • @eberger02
    @eberger02 วันที่ผ่านมา

    “None of that is being replenished”: yes it is. How does ‘London Paul’ not know about the rigs off Norfolk and above Scotland? Or the ones above Norway? You could argue the stores far from North West Europe aren’t going to get replenished but not those near alternative big sources. Even in 2021 only 30-40% of EU imports were from Russia with Norway the second biggest supplier, U.K. third, NL 4th etc. Americans being completely clueless is normal but how does Paul not realise we are the third biggest supplier in Europe. Plus there are pipes from North Africa to southern Europe so they’re stores will get replenished too. South eastern Europe would have used Türkiye anyway, so they’re okay. There is only a problem in Slovakia, Hungary and Malsldova. Poland could open the pipe from Belarus if it wanted. Estonia could open a direct pipe if it wanted, as could Latvia and Finland. Even Czechia could get German Gas which is connected to Norway by direct pipes. I’m not even having to look up a map to know this. I am quite incredulous that despite living in a country that produces Gas and has a store that Paul is unaware of this.

    • @mattiasdahlstrom2024
      @mattiasdahlstrom2024 17 ชั่วโมงที่ผ่านมา

      Don’t forget German industry shutting down as well.