They have to build the infrastructure for that first, gas pipelines are not easy to move.
Russia is building huge amounts of infrastructure. Also what basically equates to an artic "silk road".
Its ok, these inflationary things are only transitory.Sounds as though inflation is firing up in Europe.
From the article:
Europe’s soaring inflation is driving the latest protest convoy: tractors
In Greece’s rural heartland, tractors have become a symbol of anxiety. Now they’ve started forming truck-style protest convoys.www.smh.com.au
Tyrnavos: In Greece’s rural heartland, tractors have become a symbol of anxiety.
For weeks, they have been parked along the country’s highways, their owners threatening to block traffic. Farmers are desperate for additional financial aid to cope with surging energy prices that are pushing up their costs for fuel and fertiliser, posing a sudden threat to their livelihoods.
“Take fertiliser. Last year, we were paying €500 [$788] a ton. Now, it’s as if we’re buying a piece of land. It’s €1700 to €1800,” said Dimitris Kakalis, a 25-year-old farmer from central Greece who has joined the protests.
The spike in energy prices and its ripple effects, he says, touch every part of his vineyard and peach grove business — it costs more for gasoline needed for farming machinery, electricity to power irrigation pumps and weed killer.
“At these [prices], we’re headed for ruin,” he said.
The sting of high energy prices — which are driving decades-high inflation numbers — is being felt across Europe and around the world, piling financial stress on governments, businesses and households. Countries are scrambling to address expensive utility bills and rising prices for food as farmers and supermarkets pass along their costs to customers, many of whom are facing a cost-of-living crisis.
We're opening up now, John. The road ahead will brighter............surely we can't get worse can we?
All part of the inflationary cycle.
Or the election cycle
No better time to push for a pay rise, especially when there is a Liberal Govt in office.
As an observation - pretty much nobody seems worried about costs these days.
Yes smurf the days days of somebody has to pay for this, what about the debt etc, seems to be long gone.As an observation - pretty much nobody seems worried about costs these days.
Government, business, consumers - money's no object it seems. Government and business just spends whatever it costs and to considerable extent consumers seem to be throwing money around too.
That is what happens when fiat currency become worthless.money is...what you value it for..just a sign on a screen or a dirty paper bill until it is swapped for something real:work, food ,stuffs.
Well it certainly will be interesting to watch how they address all the debt, in a believable manner, I think people are realising that fiat money is like monopoly money and as you say are just trying to convert it into something useful.
Power of Siberia 1, a gas pipeline from Russia to China, opened in 2019 and already there are plans to build Power of Siberia 2 as a duplicate.
m.dw.com
Looks like the Germans have said NO to Russian gas
Germany halts Nord Stream 2 approval – DW – 02/22/2022
German Chancellor Olaf Scholz has said the gas pipeline project cannot go ahead now in these crisis circumstances. He said the approval process has been halted.
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