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[–]Wrangel 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

A lot of hot air. There is a global shortage of Nat gas and we are running out of the stuff. The investments in oil and gas have tanked while the cost of producing oil and gas has ballooned. Gone are the days in which oil was simply pumped out of the ground. Now they are doing fracking, deep sea projects, tar sands and other expensive ways of producing oil. Oil production peaked in 2018, that is 1.5 years before the pandemic. None of the big suppliers of oil and gas can be replaced.

Making matters worse, LNG is super expensive, has awful energy returned on energy invested and requires a lot of infrastructure. Germany isn't going to run on LNG.