Holy Crud! Margin Calls On Energy Trading

[Thunk]

Not good! Not good at all!

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.

Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to guarantee trades amid wild price swings. That’s pushing European Union officials to intervene to prevent energy markets from stalling, while governments across the region are stepping in to backstop struggling utilities. Finland has warned of a “Lehman Brothers” moment, with power companies facing sudden cash shortages.

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to...

finance.yahoo.com

 

[Toddsterpatriot]

Toro you still long oil?

 

[westwall]

Not good! Not good at all!

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.

Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to guarantee trades amid wild price swings. That’s pushing European Union officials to intervene to prevent energy markets from stalling, while governments across the region are stepping in to backstop struggling utilities. Finland has warned of a “Lehman Brothers” moment, with power companies facing sudden cash shortages.

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to...

finance.yahoo.com

Energy prices are going to skyrocket.

 

[CrusaderFrank]

Toro you still long oil?

The new Toro can't tell a put from a call

 

[johngaltshrugged]

All part of Obama & his masters plans for the orchestrated implosion of Western civilization.

 

[Dekster]

Those rolling blackouts are going to be longer and more widespread as a result. This has to do with utilities pre-selling gas and electricity. With Russia shutting them off, they are now going to need massive amounts of cash to cover the added expense of fulfilling those contracts at a loss while continuing to supply consumers in an environment in which the price they can charge to the consumers is highly regulated. Even with "liquidity" as they like to call it, they are going to have to drastically reduce consumption.

 

[The Duke]

Not good! Not good at all!

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.

Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to guarantee trades amid wild price swings. That’s pushing European Union officials to intervene to prevent energy markets from stalling, while governments across the region are stepping in to backstop struggling utilities. Finland has warned of a “Lehman Brothers” moment, with power companies facing sudden cash shortages.

Energy Trading Stressed by Margin Calls of $1.5 Trillion

(Bloomberg) -- European energy trading is being strained by margin calls of at least $1.5 trillion, putting pressure on governments to provide more liquidity buffers, according to Norway’s Equinor ASA.Aside from fanning inflation, the biggest energy crisis in decades is sucking up capital to...

finance.yahoo.com

 

[multivita-man]

How the fuck is Joe Biden responsible for Vladimir Putin's adventure and the decades-old European folly of trusting Russia for the bulk of their natural gas?

 

[Thunk]

Energy prices are going to skyrocket.

Kinda looks that way...or not be available at any price

 

[Thunk]

How the fuck is Joe Biden responsible for Vladimir Putin's adventure and the decades-old European folly of trusting Russia for the bulk of their natural gas?

Because if it wasn't for bidens "green energy policies"...WE would be supplying Europe with liquefied NG right now. But now we don't even have enough for ourselves.

That's how!

 

[multivita-man]

Because if it wasn't for bidens "green energy policies"...WE would be supplying Europe with liquefied NG right now. But now we don't even have enough for ourselves.

That's how!

Oh fer fucks sake, it's like you've got Tucker Carlson's hand shoved so far up your ass he controls the movement of your lips. Can you stop watching Faked News for one day?!

Analysis: U.S. LNG exports to Europe on track to surpass Biden promise

When U.S. President Joe Biden promised European leaders in March that he would help secure new supplies of liquefied natural gas to offset shortages from Russia’s invasion of Ukraine, his pledge was greeted with scepticism.

www.reuters.com

It turns out, however, that Biden's promise may have been far too modest.

The United States is on track to blow past Biden’s March commitment of an additional 15 billion cubic meters of LNG for Europe this year, according to a Reuters analysis of export data compiled by Refinitiv, and to triple the pledge. read more

The No. 1 natural gas producer became the top LNG exporter in the world in the first half of 2022, the U.S. Energy Information Administration (EIA) said on Monday. read more

 

[Thunk]

Can you stop watching Faked News for one day?!

And you quote reuters?

Their lies are ONLY out done by CNN!

 

[multivita-man]

And you quote reuters?

Their lies are ONLY out done by CNN!

Reuters has been around since 1851 and is arguably among the most respected news gathering agencies in the Western world.

Fox News? OANN? Breitbart?

 

[Thunk]

Reuters has been around since 1851 and is arguably among the most respected news gathering agencies in the Western world.

So if what they report is accurate...why did energy traders in Europe just get a 1.5 T margin call?

Hmmmmmm?

 

[Harpy Eagle]

Because if it wasn't for bidens "green energy policies"...WE would be supplying Europe with liquefied NG right now. But now we don't even have enough for ourselves.

That's how!

And yet somehow we are exporting more NG than at any time in our history.

How is that even possible with Bidens "green energy policies"?

 

[Harpy Eagle]

And you quote reuters?

Their lies are ONLY out done by CNN!

How about the US Govt.

Natural gas imports and exports - U.S. Energy Information Administration (EIA)

Sources of U.S. natural gas imports and destinations of U.S. natural gas exports, and import and export volumes by pipelines and trucks and as LNG.

www.eia.gov

 

[Harpy Eagle]

So if what they report is accurate...why did energy traders in Europe just get a 1.5 T margin call?

Hmmmmmm?

Because the US can only make up so much of what was lost from Russia.

And because OPEC has decided to cut production as the price was getting too low for them.

 

[Thunk]

And yet somehow we are exporting more NG than at any time in our history.

Multivita loses the argument and gator steps in to rescue him

 

[Harpy Eagle]

Multivita loses the argument and gator steps in to rescue him

If you call stating facts a "rescue", then sure run with that.

Weird how many of you literally hate facts and truth.

 

[multivita-man]

So if what they report is accurate...why did energy traders in Europe just get a 1.5 T margin call?

Hmmmmmm?

Oh wait, let me guess, because Brandon pissed on an Ukrainian nuke reactor!