• redjard@reddthat.com
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    3 days ago

    If you’re talking price, then that was caused by the war, and actually reduced by the detonation by creating certainty in the market and proper political action. As seen in the graph.

    As it happens, the price the day before detonation has never been gotten close to since. And the drop in price for the next year was always more than the rise over the previous year (over more than a year it crosses into pre-aggression territory on the past side)

    Like, to say it another way, if you pick some N days, where N is less than 365, and check the gas price N days before nordstream detonation, it will be more expensive than N days after nordstream detonation.

    I don’t see how you can think detonating nordstream raised gas prices for industry or anyone.

    There are no price spikes ever since (ignoring Iran which is unrelated and caused from wanting to replace Oil). I wonder what this would look like had germany kept using russian gas (somehow) when Ukraine started bombing Russian fossil fuel infrastructure.