IEA Head Warns Europe The Era Of Cheap Fuel Is Over

There were on here who pointed to me of oil chart data.
Unfortunately that oil data that some had pointed to me.

Has no affect in reality.

When Europe had cheaper energy.
The price of fuel was cheaper. Unfortunately that is becoming to be over.

The Era of Cheap Fuel/Oil is becoming over.


The sanctions are having impact on the EU economy..

IEA Head Warns Europe The Era Of Cheap Fuel Is Over

Important line.

He said, “There will be no more cheap gas. European energy will be more expensive in the future than in the past. EU energy prices will be higher and significantly higher than those of its economic competitors.”

Seems like it’s a good thing if EU countries are weaning themselves off Russian oil and gas. I mean, even Trump warned the EU about being dependent on Russian energy.

a reply to: vNex92

Unfortunately for you, we will get around this and no, we won't all freeze to death.

Quit with your endless Russian propaganda, will ya?

a reply to: vNex92

Is about dependency and the stupidity behind US compromised president pouring tax dollars on Ukraine to cover up th US involvement in corruption specially democrats.

EU does not have natural oil resources soo they are at the mercy now of the sanctions been imposed in Russia, but hey let them suck up to Ukraine.

Life is good, especially when is been a war against the energy sector in the name of global warming.

a reply to: marg6043

Not heard of North Sea oil?

originally posted by: Oldcarpy2
a reply to: marg6043

Not heard of North Sea oil?

What you on about?
We left the EU(allegedly).
She said the EU,no?

a reply to: Subaeruginosa

Seems like it’s a good thing if EU countries are weaning themselves off Russian oil and gas.

No, No its Europe who still loses here. The ones who will be affected will be Western Europeans, including the German ecmcnoy

Trump warned the EU about being dependent on Russian energy.

Ah yes that other clown? he wanted Europe to get the American LNG for a much more expensive price.
In where the US benefits.

Trump isnt much different from Biden admin...

a reply to: Oldcarpy2

The largest reserves of oil/gas is Saudi Arabia, Russia, China.
Not North Sea.

I am sure more sanctions is going to work out.

a reply to: glen200376
If Nord Stream pipelines weren't destroyed.
This issue for German's aluminium producers wouldn't be a problem.

German Aluminium Plant Shuts Amid Deindustrialisation Fears

In another blow to Germany’s industrial base, Spiera, one of the country’s largest aluminium producers, was forced to shut a major smelting hub near Neuss this week due to rising energy prices and international competition.

If that’s the case, kiss cheap airline travel at the gate. Jets suck massive amounts fuel.

According to the IEA, world conventional production started peaking after 2005.

Also, global oil production per capita peaked in 1979.

originally posted by: Oldcarpy2
a reply to: vNex92

Unfortunately for you, we will get around this and no, we won't all freeze to death.

Quit with your endless Russian propaganda, will ya?

He also probably believes we are all starving in the UK and resorting to eating squirrels as the RuZZians claimed last week on their TV

How far the UK, Germany, other European countries, and other countries unplug from Russian energy imports is the elephant in the room. How that matter unfolds will play a role in determining the fate of our time. The fictional narrative concerning Europe freezing to death without Russian energy is coming unglued in real-time. But beyond Putin's mass delusions, the fate of his regime remains unknown.

a reply to: expatwhite

Hmmmm... Nothing wrong with a nice bit of Squirrel!