Tag: NATGAS
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Natural gas prices were the cheapest they have been in recent history, but Miriam Dalli is still harping about subsidies
Energy Minister Miriam Dalli is still at it with her delusions, bragging to the electorate that she has kept electricity prices low by spending up to €2 billion in subsidies since 2020. The government is still issuing energy subsidies and this year alone, Miriam Dalli is expected to disburse up to €596 million in subsidies.…
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European gas storage levels highest since 2016
European gas storage levels are highest they have been since 2016, but prices are even lower at all time lows. US gas production is at an all time-high, yet production levels can still increase even further if further regulations are loosened and further drilling permits granted. Mark CamilleriWebsite Editor Historian and Publisher
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The gas price has crashed and Malta would be making profits if it was’t for Miriam Dalli
Exceptionally warm weather, oversupply, and slowing economic growth have contributed to a crash in the price of natural gas as opposed to the oil price which is still well above pre-Russian invasion prices. Gas prices have crashed below pre-war levels. Miriam Dalli signed a gas-purchase agreement based on an oil-index price change whereby the Maltese…
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The West has crushed the gas war
By now, I would assume that the West has not only won the gas war but has actually crushed it. I’m even surprised. It’s incredible how Russia tried to pull off an energy crisis similar to the 1970s but had its attempts crushed in less than a year. Now Russia will have to face a…
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Will the West break the gas price?
Traditionally, either October or November used to be the month of the year when the price of gas would start going up again after Summer and Autumn as Winter approaches, the weather becomes colder, and demand for gas increases. For this year, the price of gas, both in the US and Europe closed lower in…
