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Aren't availability and price correlated?
by baxtr 4y ago
Aren't availability and price correlated?
- hef19898 4y agoSure, so? Prices are back to pre war levels apparently and gas kept flowing the whole time. It was simply more expensive in the last months.
- baxtr 4y agoOh yes, sure. But of course the entire switch created a lot of stress, uncertainty, anxiety and so on. It is impossible to measure the real costs of that switching. But I bet they were very high. Having a basis, where one supplier/resource never accounts for more than let's say 20% makes a system much more resilient. I think it is "just" simple math, that was ignored before because it was cheap and easy at the time.
- baxtr 4y agoBtw: it’s even worse than that. The perceived dependency allowed Russia to think that they can get away… they thought they could blackmail the West.