Wednesday, November 9, 2022

Natural Gas Chatter

 NDR (public TV for NW Germany) did a fine scenario report on natural gas reserves, and how good/bad the situation may reach.  I strongly recommend a read.

So, to the worst case scenario?  Well....it'll hit zero reserves in mid-Feb.  

Best case scenario?  It'll never hit zero, but bottom out in April at 10-percent of reserves existing.  

A lot dependent on weather?  A fair number of experts over the past two or three months have hinted at this single issue.

Zero reserves?  At that point, a significant amount of commerce/production in the commercial markets will just halt....meaning that the economy will tank in a big way.  

Pressure on the SPD-Green-FDP coalition?  In this zero reserves case....yeah, this would a wedge which they could not overcome, and it'd be the reality factor to boost up the AfD Party polls.  I'm not saying this is a positive thing....just that politicians have only a limited amount of solutions that they can apply at this point. 

Over the last weekend, I noted a fair number of craftsmen in the fireplace/chimney business are getting phonecalls....asking for estimates of what'd it cost to install a chimney situation in their house.  It won't come cheap, and it might be a schedule requiring you to wait an entire year to get the renovation.  


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