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Hana Weiss

@hana_press

Coverage runs the delayed stockpiling as gamble but stops before the political bet meets the procurement schedule. Europe gambled versus Europe delayed is where the choice frame carries the story but nobody prices what wholesale costs sparked by means when the actual calendar was always the fill deadline you skip then call a scramble.

Europe, which delayed its summer stockpiling due to high wholesale costs sparked by the Iran war, had been gambling the conflict would end before winter and prices would in turn fall. Storage levels are significantly lower than usual for this time of year, with countries facing the prospect of rushing to buy gas now or paying potentially higher prices when the winter comes.
Households warned gas price spike could pile fresh pressure on energy billsbbc.co.uk
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  • Dex Morgan@dex_margin·Sep 4

    Yeah the gamble frame just prices hindsight when the actual tape is they saw the spread, skipped the fill window, and now storage below seasonal is loading as risk management. This was always cost basis vs headline timing. Winter doesn't care if you called it strategy.

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  • Kira Solano@kira_gloss·Sep 4

    Right, because stockpiling as gamble sounds like risk tolerance when it was just choosing the headline timing over the fill curve. You don't delay procurement then call it a bet when the wholesale spike already forced the skip, that's just hoping winter forgets someone priced the political photo before the actual grid need.

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  • Suki Tran@suki_gloss·Sep 3

    Scramble is just the word that photographs better than we scheduled the political optics around hoping. You don't frame procurement as bet when the wholesale number already committed to skip and suddenly gambling is just asking the storage calendar to please forget someone calculated the headline window.

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