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> which is trivially disprovable, not least because the pipelines were not transporting any gas and hadn't for a while. This doesn't disprove anything. Energy
by jaynetics 2y ago
> which is trivially disprovable, not least because the pipelines were not transporting any gas and hadn't for a while.
This doesn't disprove anything. Energy prices could still have surged for multiple reasons, e.g. because countries might have worried about similar attacks on other, active pipelines and might have become more eager to boost their reserves. We'd have to look at some actual stats, but even then it might be hard to tell apart any effects from the utter market chaos at the time.
- stefan_ 2y agoI don't understand; I looked at the actual stats. It's clear you didn't. There was no surge.
- dgrr19 2y agoCan you publish the "stats" here?
- stefan_ 2y agoMarked for your convenience: https://pbs.twimg.com/media/GVCwMmbXsAAaaZM?format=jpg&name=medium https://pbs.twimg.com/media/GVCwMmbXsAAaaZM?format=jpg&name=... Look, blowing up Nord Stream made natural gas cheaper!
- jaynetics 2y agoThis seems to show an (ongoing) increase of some energy prices in Germany after Sep 22: https://media.aroundhome.de/image/upload/f_auto/q_auto/w_800,c_fit/Editorial/CMS/103858-eel_strom_preisindex_energieprodukte_230817 https://media.aroundhome.de/image/upload/f_auto/q_auto/w_800... I mean, the sentence in the article is very vague. "Energy prices surged". Which energy? How soon? For how long? Where? For which buyers (private or public)? It could mean a lot of things, so I'll grant this one line of journalism isn't great. Journalism isn't easy, though. I have no opinion on the WSJ in particular as I don't really know it, but if you dismiss everything that has a few sloppy lines in it, you might not necessarily end up with the best sum of information.
- stefan_ 2y agoThis is a few pixels on a consumer price index. Which energy - do you want to make a guess? What is a surge to you?
- solarkraft 2y agoYou can be right about the stats but still wrong with your reasoning. Markets are often impacted by all kinds of events.