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Guardian: Europe Warned Of Steep Rise In Gas Price As Russia Runs Out.

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'Europe warned of steep rise in gas price as Russia runs out':

http://business.guardian.co.uk/story/0,,1772078,00.html

European energy consumers face further big rises in gas prices in the coming years because of acute shortages of Russian supplies and growing tensions between the Kremlin and EU, senior economists and a former Russian premier said yesterday.

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'Europe warned of steep rise in gas price as Russia runs out':

http://business.guardian.co.uk/story/0,,1772078,00.html

why do you think the west is going after Iran ? it certainly isnt for their carpets.

LNG and GAS are the main reasons behind this western manufactured crisis.

the UK are building 2 new LNG terminals besides the one at the Isle of Grain.

they are hoping they can get Iranian LNG via sanctions.

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It'd be much cheaper to get renewables going properly now - at what point will the govt realise that?

sarah

imo its too late for the UK wrt renewables. that investment had to be made years ago and wasnt.

instead there was a crazy dash for gas,

some scientists reckon the UK will be totally dependent on gas imports for 80 per cent of our energy needs

very soon,

ours is running out and the russians are playing hard ball.

Iran is a very soft touch and has the second biggest reserves of gas,

when you look at world politics purely from the persepective of energy resources a lot of strange

behaviour starts to make sense.

why are China backing Iran ?

because Iran has promised to ship most of its LNG there over the next 25 years,

very little Iranian LNG is earmarked for europe.

earliest shipment from Iran is to Italy in 2010.

that just wont do .

the UK , France etc will need that gas long before then.

Christian Cleutinx, head of EU-Russian energy dialogue at the European commission, said the EU would be 80% dependent on gas imports by 2030 as demand rose by 60%. But, he said, Russia planned to export only an extra 50m tonnes of gas to all countries, not just the EU, by 2020, leaving Europe 150m tonnes short and forcing it to use other countries.

which other country i wonder ???????????

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Russia and China will protect Iran and Russia will become a middle man in buying cheap gas and selling it at a high profit to the west.

GW-Bush started the ball rolling in his greed to increase his oil profits and it's all back fired by the looks of it

Life is going to change faster than most people think and American diplomacy simply won’t cut it with China, Russia, India because they need to energy too and all the talking in the world will not change that so at the least we are facing and energy crisis and at worse a nuclear war.

By the way don’t believe all you are told about supplies, we had a supply problem with computer memory a few years back and now the stuff is just about free.

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It does seem like we are living in some kind of crazy state of denial at the moment.

We know that our resources wont last forever, the cost of raw materials are increasing ever upwards (copper up 82% this year alone I believe, although is this a supply issue or just speculation), and yet it just seems we carry on as usual.

I suppose we look to those in government to make decisions for us and plan for the long term, but this current lot seem pretty incapable.

I do believe that we will walk into this energy crisis completely blind.

When this happens I'm not so sure that HPI will continue upwards.

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imo its too late for the UK wrt renewables. that investment had to be made years ago and wasnt.

It may be late, but that doesn't mean we shouldn't put 100% effort into it.

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It may be late, but that doesn't mean we shouldn't put 100% effort into it.

No surprise that after peak oil there is peak gas. But is the earth running out of gas? Will it be possible to develop a synthetic flammable gas to satisfy consumer demand? Who knows? Increasingly I realize it is folly to underestimate the capacity of corporations and governments. They will maintain their status quo. But this only strengthens my resolve to be independent from their hypnotic hold. In fact, perhaps it is a reason why sites such as HPC will increase in popularity.

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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