comment: >
  
  I am personaly curious what the price for my electricity will be next month
  Not that I can't handle the current prices. But i'd be nice to see that Putin ain't earning more money whilst people suffer
context: Wasn't it supposed to be most expensive in winter when supplies are scarce? >
  
  It's been a milder winter (Spain is at around 7 degrees above the norm), countries prepared for the winter before it hit and consumption was reduced to preserve gas reserves.  
  So yes; all of that was correctly predicted and therefore measures were taken to stop the worst possible outcome, plus we've been lucky so far in having warmer temperatures.  
  It's a bit like preparing for a big storm, and when it hits it doesn't feel as bad precisely because you're prepared for it. If you don't do anything and just wait for it outside then of course it would be a lot worse >
  
  People are weird about prevention.
  Same thing happened with Y2K. Hundreds of hours of work, work and work... got rewarded with snide comments and jokes when the greatest succes possible happened:
  Nothing, because the problems... got fixed preemptively. >
  
  2038* is gonna be a whole another story >
  
  You mean 2038 >
  
  What is supposed to happen in 2038? >
  
  The 32-bit integer limit for keeping time will be reached and, if I'm not mistaken, time on most 32-bit systems will show the time as 1970-01-01. It's why many systems are slowly beginning to push for mandatory 64-bit upgrades now.
  Someone correct me if I'm wrong on this but I think I got the general idea right. >
  
  The 2038 problem will actually overflow to be displayed as 1901-12-13, since this particular overflow is for a signed 32-bit number (stores numbers between -2^31 and 2^31 - 1 ), and won't overflow to 0.
  Unsigned 32 bit time won't overflow until year 2106), but any modern programs should be using 64 bit time, which can handle billions of years. >
  
  As a time traveller from the apocalypse-ridden times of 2107, I can assure you that the complete switch to 64bit took longer than expected. >
  
  As a time traveler from the utopian 300,000,000,000AD era, where the only problem is that you guys decided to switch to 64-bit, I can assure you that you should be going for 128-bit, which can handle trillions of years >
  
  Pre-Russian invasion would be a better headline >
  
  Pretty much every war starts with an invasion. >
  
  I think they just meant before the full Feb invasion. Technically the actual war has been happening since 2014 >
  
  Thanks Brandon! >
  
  Wait, where did all those stickers go at the gas pumps??? >
  
  It's about natural gas, not petrol. >
  
  I don't understand why Americans call it gas. It's a liquid >
  
  Short for gasoline >
  
  Well that makes sense >
  
  Where are those ads from Russia again that we will freeze to dead and eating our own dogs? >
  
  The price is so low because everyone in Europe froze to death already, so there's no one to buy the gas >
  
  Can confirm. Am frozen dead >
  
  Same. Completely frozen and dead here at 10 degrees Celsius. If only we listened to Gazprom’s commercial :( >
  
  Aaaaaaand I strongly suspect all the profiteering shady energy companies will still rake in record profits. Disgusting. >
  
  Well of course they will, especially now, as any price drops will gradually start next year if at all. Core human needs like food/water/electricity/heating need to be more closely regulated by the government to ensure consumers aren't getting completely fucked, unless they want a recession. >
  
  Funny how price increases get passed along to the customer with lightning speed but price decreases take absolute ages to get through, if they ever do. Funny how that works. >
  
  Funny how my gas rate is still much higher then it was this time last year >
  
  Not really that surprising. Your supplier would have hedged its exposure to market volatility by buying gas futures well in advance, so your rate reflects a mixture of year-ahead, quarter-ahead, month-ahead etc prices. Obviously, a lot of those futures would have been priced significantly higher than today's spot price. It will take a long time of sustained fall in prices for this to be reflected in consumer pricing. >
  
  Yeah, but it will never go down even if gas price will remain low. >
  
  people keep saying this, but throughout my life I have continually seen both gas at the pump and natural gas become cheaper over time after spikes.  Now I am an American which certainly has more access to natural gas (which has been super cheap for us for a long time), yet after spikes it always goes lower.  In many cases lower than before.  It just doesn't happen as quickly as people would like while increases seem to happen overnight.  The overnight changes are really the greedy part because they will be on cheaper contracts but know prices are spiking so they up their prices to consumers right away.  The lowering of prices take time because many will be taking a loss on their contracts if they change right away so it takes time for it to happen. >
  
  Maybe it holds some true in US, but in Poland there are some "corrections" after spikes but never to levels from before. So gasoline prices for the last 20 is constant    rise with these small corrections mentioned earlier. Same goes for electricity and gas. That's why I'm so negative about it >
  
  Look at 2000-2020 plots. I said there were corrections, and some wwird phases where ut went weirdly lol (during covid) but overall trend is always up for Poland lol >
  
  Overall trend was down for Poland until Covid. Then it went up, but the trend for the last 6 months is down again. >
  
  UK gas prices missed the memo >
  
  UK gas prices are also at pre-war level. >
  
  My gas bill is 4 times higher than my direct debit. A direct debit which was covering my usage fine. I'm £800 in the red to E.On >
  
  What's your point? >
  
  I wasn't clear? I thought I'd explained it well. >
  
  Hm let me make it clear: your anecdote is irrelevant. The fact you made a bad decision means nothing for anyone else. "I bought something for £800 while the actual price was £200" is not something to brag about. >
  
  Let's not get carried away here. Yes, over the last few days the prices have come down a bit, but that was always on the cards. It's a comparatively warm winter in all of Europe right now, demand is relatively low, not least because parts of the industry shut down for Christmas and New Year, wind and solar have picked up again and storage levels are well above where they need to be to make it to the end of (a normal) winter. If things continue on this trajectory, great, then prices will probably not go crazy again for a while. 
  A lot still hinges on how the weather for the next 2-3 months will turn out. Should it get proper cold, we may still be in for a sudden hike in prices - although we should hopefully be fine on the overall supply side now. On the flip side, if it stays unseasonably warm, windy and sunny, the opposite might be true and we may find ourselves in a supply glut which will completely sink prices at the end of March as some contracts with mandatory offtake quantities end. 
  Unfortunately, long-range weather forecast is still an inexact science, so we will have to wait and see. We're not out of the woods yet. But I think it's fair to say, the concerted efforts of European governments, citizens, industry, and yes, also energy companies, have put us in a good position now. 
  But a lot of work has gone into this behind the scenes. All those saying "but we were told everything would fall apart" are falling for the Millennium Bug fallacy. The reason it's not falling apart is because a lot of people have put a lot of effort into getting us here. (source: me, being stuck right in the middle of European gas infrastructure and management) >
  
  Fleeing Russians here. 
  Very happy to hear. Sadly the TV here makes it out that Europeans are already freezing to death. 
  How bad is the lose of cheap easy Russian gas for europes heating and industry honestly? 
  Many non-Russian TV analytics point out that Europe will now need to pay a premium for energy which will make their economy uncompetitive. 
  What’s your take until Green energy hopefully comes online? >
  
  Russian gas is “only” 17% of imports.
  We experienced some higher energy prices, which made people more aware of their usage (and reduce it), as well as accelerate the afoption of renewables: both great developments going forward.
  As other comments point out, prices could still go up again, but currently nothing really feels different from any other year or winter. And most governments will help their civilians when heatings becomes too expensive (they already are). This is ultimately about money, and there’s plenty of that in Europe for now seemingly. >
  
  cold winter went to NA this year >
  
  This is the best tl;dr I could make, original reduced by 86%. (I'm a bot)
  
  
  European gas prices have dipped to a level last seen before Russia launched its invasion of Ukraine in February, after warmer weather across the continent eased concerns over shortages.
  The month-ahead European gas future contract dropped as low as €76.78 per megawatt hour on Wednesday, the lowest level in 10 months, before closing higher at €83.70, according to Refinitiv, a data company.
  On Tuesday 83.2% of EU gas storage was filled, data from industry body Gas Infrastructure Europe showed.
  
  
  Extended Summary | FAQ | Feedback | Top keywords: gas^#1 price^#2 European^#3 energy^#4 low^#5 >
  
  with germany activating lng terminals and others following them russia has cut of its nose to spite its face and nobody now needs russian gas.
  oil is still a problem but new sources are being put in place and no russian oil will be purchased or will be purchased at such low prices russia will be making a few million a year instead of billions, and they cannot shut the oil wells as it can take many years to activate them with help from the west.. >
  
  Oil is probably why all of this started in the first place. the Russian economy can’t survive without it, as soon as Ukraine started drilling it was only a matter of years before Russia as we know it collapsed. Putin was in check if his actions seemed reckless it’s probably because they are, a cornered dog is unfortunately more likely to bite. >
  
  Complete nonsense, but people who believe these "everything is actually about oil" conspiracy theories think they know the "hidden truth" and there's no putting you off it.
  Ukraine wasn't in a position to add to the world's supply of any kind of fossil fuels. Their reserves are tiny compared to the reserves of other countries, even non-opec ones.
  Leaders have sought "glory" through conquest for much longer than oil has mattered. Hell they were doing it before the bronze age. 
  This war is fully explicable in terms of putin's ambition, the characteristics of a dictatorship and people living within a dictatorship, etc. Especially how those groups respond to people who they view as their vassals shaking off their yoke and prospering in a way not imaginable inside a dictatorship. >
  
  Oil is relevant when Russia is literally the only oil state in Europe. It’s also relevant when it’s the same thing that happened in 2014 with Crimea. Saying it’s not related to oil is a brain dead quote. Your pre built not every thing is about oil fake intellectual spiel isn’t accurate in this case. >
  
  I believe it when I see the bills drop - which never happens. High chances that prices will be the same or drop insignificantly, instead energy corps simply will have wider margins and more dividends. MSCI Europe Energy to at least hedge vs their greed. >
  
  Of course it will drop. >
  
  Yea, but the individual paying customers won’t see their fucking prices drop. Our gas and electric each doubled since the start of it. >
  
  But gasoline has fallen drastically. At least in Germany. It fell almost 50 cents. I used to pay over 2.2€ per liter and now it’s like 1.60 - 1.80 on average. Wonder how long all this will last. I have a pretty bad feeling. >
  
  Apparently the current Covid surge in china is now driving down the price of oil. Not sure if that is figured into the prices yet. >
  
  Everything does something at this point to me lol. Like, is anything not completely interconnected? >
  
  Blyat >
  
  In Sweden, we still (mostly) have electricity prices ten times (or more) higher than usual. We just came out of eight years of left/green government. They made it a priority to dismantle one of Europe’s best and cleanest energy systems by trying to close down nuclear and replace it with wind power. Which, of course only works when the wind is blowing. Which it doesn’t in the winter, when it also happens to be cold. 
  Now we are mostly dependent on importing coal and gas electricity from the rest of Europe to the south of Sweden. Which also bring with it the super high prices. Now what happens is that people can barely afford to heat their homes. And also companies going bankrupt because of their energy bills…
  It’s like watching a train-wreck in slow motion… >
  
  Nuclear policy is one of the things I find being part of the left to be intensely frustrating for, at times. Sigh 😔
  If you are to replace some infrastructure (or even simply A Thing), you must make sure that it is truly a replacement in all capacity of functionality, before you offline or otherwise remove the older thing it replaced (whatever it is, be it machinery or even a policy for something not related to infrastructure at all) >
  
  Lots of winter left >
  
  Normal since we’re all frozen dead in Europe
  Source : I’m dead in my heated bed >
  
  
  European gas prices fall to pre-Russia's unprovoked invasion in Ukraine level
  
  FTFY >
  
  Nice. The market knows this shit show war is almost over. The market is always 6 months ahead. The Dick-tator may be gone soon ⚰ >
  
  The market is responding to filled gas storage, a mild winter and political measures. The state of the war has nothing to do with it. >
  
  Physically, sure, although the economic and legal aspect of the war is very relevant (price caps and the refusal of shipping insurances) >
  
  The whole situation is due to the war.
  The current state of the war is irrelevant, though. The market isn't responding to Russia's many losses. The market doesn't care about that. The market cares that our gas storages had been filled up, are barely depleting due to the mild weather, and political measures taken to ensure prices don't get as high.
  This would be the same even if Russia was winning. >
  
  I agree the overall arrangement would be (very) similar if they were winning, but most of the specifics would be different. >
  
  Market prices, not the consumer endprices. >
  
  Thanks Biden >
  
  Natural gas, not petrol. Read the article. >
  
  Didn’t you know, Biden is responsible for anything that suits my narrative? 
  /s >
  
  Not for costumers. I pay 4x the amount than 1 year ago >
  
  This will be reflected on the bill and not pocketed by the providers, right? .. Right? >
  
  I'm less worried about being cold this winter than I am about "2023 summer predicted to be hottest yet" >
  
  Wish the UK was still in the EU ... fed up of being fucked by our scumbag government >
  
  And another stable genius strategy from the dickhead in the Kremlin backfires dramatically. >
  
  Not according to my energy bills. >
  
  The US gas prices went up 63 cents before Chrstmas, and this week, instead of going down, they wet up 20 cents again. >
  
  Natural gas or gasoline? >
  
  Gasoline >
  
  so you didnt read the article. or any other comments lol >
  
  I saw 'gas', and it didn't occur to me that they were talking about natural gas and not petrol. >
  
  Nobody uses the word gas like that in Europe. We just say fuel/diesel/benzine. Gas is pretty much only used for natural gas or the state of matter that natural gas also happens to be in. >
  
  Don't be fooled. Gas prices were already rapidly rising before the war, due to anticipation, that it would happen.