YOU think coal is expensive

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coalnewbie
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Post by coalnewbie » Mon. Aug. 29, 2022 4:15 pm

In connection with the increase in gas prices to 3,500 euros per thousand cubic meters, I am forced to increase the forecast price to 5,000 euros by the end of 2022," Medvedev wrote on Telegram.
All predictable as they picked a fight with Russia. This will break Germany and probably most of Europe id winter is bad.
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freetown fred
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Post by freetown fred » Mon. Aug. 29, 2022 4:54 pm

Hey Simon--could you da an English interpretation--english english--not limey english. :)
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Post by CapeCoaler » Mon. Aug. 29, 2022 6:57 pm

$142/1000cu ft...
at 5000 euro per 1000 cu meter...
I think...
1dollar = 1 euro...
divide by 35 to get cubic feet from cubic meters...
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coalnewbie
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Post by coalnewbie » Mon. Aug. 29, 2022 7:31 pm

I think that is right and it means Richards new beamer is going to be pricey
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CapeCoaler
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Post by CapeCoaler » Mon. Aug. 29, 2022 8:31 pm

in the US priced by the therm...
1 Therm = 100,000 btu = 100 cubic ft...
$14.20 per therm US...
$3350/ton coal equivalent...
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Post by Hoytman » Tue. Aug. 30, 2022 3:01 pm

$3350/ton?
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Post by grumpy » Tue. Aug. 30, 2022 3:42 pm

https://twitter.com/nowthisnews/status/1044740334 ... wsrc%5Etfw
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Post by grumpy » Tue. Aug. 30, 2022 4:56 pm

https://twitter.com/DolanGeraldine/status/1564392 ... 3300889603
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Post by grumpy » Tue. Aug. 30, 2022 4:56 pm

https://twitter.com/BallymakennyF/status/15645926 ... 9985%2Fpg1
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waytomany?s
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Post by waytomany?s » Tue. Aug. 30, 2022 7:44 pm

:clap:
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coalnewbie
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Post by coalnewbie » Tue. Aug. 30, 2022 7:59 pm

With a 9000 euro bill and they still add VAT there is no willingness to help.
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CapeCoaler
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Post by CapeCoaler » Tue. Aug. 30, 2022 9:25 pm

Hoytman wrote: ↑
Tue. Aug. 30, 2022 3:01 pm
$3350/ton?
Yep. Cost equivalent...
Here now in the states gas is $1.80/therm or $18/1000cuft...
Cost equivalent coal is $410/ton...
That is why Europe thinks coal is cheap to them at $450ish a ton...
Because Nat Gas is now at $85/1000cuft in Europe...
Current cost equivalent coal is $1925/ton in Europe...
Welcome to the world market...
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Sunny Boy
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Post by Sunny Boy » Fri. Sep. 02, 2022 2:11 pm

Looks like Europe is going to have a tough winter.



Paul
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Post by franco b » Fri. Sep. 02, 2022 5:16 pm

Tucker seems to infer that surrender to a lunatic is better.
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coalnewbie
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Post by coalnewbie » Fri. Sep. 02, 2022 5:19 pm

I do not think the EU leaders have thought this though. Many real problems for energy intensive industries like steel mills etc. It will take years to fix this if the war carries on. Of course, I selfishly wonder about NEPA supplies
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