@MenthorQpro The gas price cap will sort it! Jokes aside, UK has even less storage than EU pro rata

@DrastikThomas yes

@MenthorQpro The UK relied on North Sea nat gas flowing & didn't invest in expensive storage in the past, so now they have little storage relative to the rest of Europe:

@MenthorQpro And supposed Ukr allies are blowing up gas pipelines in Russia...

@MenthorQpro what explains the big difference between UK and "the mainland" ?

@MenthorQpro Tell us you don't know anything about the European gas market without telling...

@MenthorQpro I’m old enough to remember how their political class claimed the tanks were full and would get the country through the winter 😀

@MenthorQpro

@MenthorQpro BOIL gonna pump

@MenthorQpro UK has storage equal to a couple of days of use on cold days. No wonder the reserves go down really fast. I hope yhey have new supply lined up, winter is far from over.

@MenthorQpro Thank you !!!

@MenthorQpro @frankoz95967943 🇬🇧 is going to freeze by late January 🥶🥶🥶

@MenthorQpro @KNLCBD Not to mention the UK has less than 1% the storage capacity of Europe- likely will drive a revised contest for LNG spot cargoes with Asia

@MenthorQpro The UK has massive gas reserves. They're located in the seas around Scotland and whenever the UK wants them, Scotland gapes it's asshole and releases the gas, meanwhile paying the highest power prices anywhere in UK and Europe. It's great living here in Scotland.

@MenthorQpro By 3/2023, the poorest European countries will be burning old furniture. And I’m here for that. 🍿

@MenthorQpro @HarmlessYardDog Oh gee, I wonder what natural resource whales and the north are filled with that could heat homes?

@MenthorQpro Classic BBG chart crime. % meaningless. And the cut-off at 60% more so, given the conti is at about 90%. Not to mention that GB has flipped back to injection, and at this rate will be back to about 85% full by end of the month. Plus, RU flows currently static.

@MenthorQpro Even more significant is the ramifications for Ireland.... who has zero storage, and is reliant on a subsea pipe from Britain and a single lone Irish gas field that ibly provides ~ 1/3 of domestic supply... Ireland is most at risk in western Europe

@MenthorQpro UK 31st Dec