Prices.... Going Up!!!

[Mystic]

Natural Gas @ the "EU" (TTF) Market

Natural gas futures linked to TTF, Europe's wholesale gas price, rose almost 20% to above €290 per megawatt hour, a new record high.

EUR/MwH -- 11:15 AM (PARIS) - 23 August 2022


Exacerbating factor: DROUGHT

An ongoing historic drought triggered by an arid summer that set heat records across Europe threatens to...

1. Halt energy shipments along the Rhine River
2. Limiting hydroelectric power generation
3. Hamper nuclear power production for lack of coolant

And here comes what's lookin' to be a chilly autumn and COLD winter.

PS: So it is a good thing that I'd decided this spring to relocate, with a couple of comrades retiring from US federal "three letters" agency service, to Puerto Rico.

Au revoir, France.
¡Hola Puerto Rico!

PS: I reckon my properties in RF and Ukraina will be remaining dormant for some duration... if they're even still standing by Q1 2023. L-O-L ...

 

[YY1]

Gas today @ $3.33 for 87.

 

[BillyTheKid]

Gas yesterday as low as $3.79 in CT

 

[BillyTheKid]

Aldi eggs down to $3.09.. too much !
Local price chopper had 30 eggs for $5.50...Score !

 

[Mystic]

Aldi eggs down to $3.09.. too much !
Local price chopper had 30 eggs for $5.50...Score !

Still getting my 24 for 2 Eurobucks (today that's ~ $2.02 ... GO DOLLAH, GO DOLLAH) over here in Frogland.

 

[Mystic]

Electric Vehicles -- USED ...


Source: iSeeCars.com

Percent YoY asking price increase, most to least, among EV-hickles:

> Nissan Leaf: YoY increase of 45% to a mean asking price of $28, 787 as of July 2022.
> Chevrolet Bolt: YoY increase of 29%, to a mean asking price of $28,291 as of July 2022
> Tesla S: YoY up 28% to mean asking price of $83,078 as of July 2022
> Tesla X: YoY up 20% to mean asking price of $90,484 as of July 2022
> Tesla 3: YoY up 16% to mean asking price of $55,766 as of July 2022
> KIA Niro EV: YoY up 16% to mean asking price of $37,732 as of July 2022
> Tesla Y: YoY up 14% to mean asking price of $70,065 as of July 2022
> Audi e-Tron: YoY up 10% to mean asking price of $65,420 as of July 2022
> Jaguar i-Pace: YoY up 4% to mean asking price of $59,338 as of July 2022
> Porsche Taycan: YoY up -4% to mean asking price of $138,033 as of July 2022

For asking prices to come down, the public will need to exert a buyer's strike and continue keep driving what they have... while/if they still can... and wait it out.

 

[YY1]

Gas back up to $3.49 after a one day low of $3.33.

Was $3.39 yesterday.

 

[BillyTheKid]

For asking prices to come down, the public will need to exert a buyer's strike and continue keep driving what they have... while/if they still can... and wait it out.

That's the best we can do. For those who simply cannot wait, it's a dire market.
Used car values have risen so much lately that our vehicles property tax has also increased...used to be that the tax went down every year as the car aged.
Once again, the man is sticking it to us all.

 

[ernieb1536]

That's the best we can do. For those who simply cannot wait,it's a dire market.
Used car values have risen so much lately that our vehicles property tax has also increased...used to be that the tax went down every year as the car aged.
Once again, the man is sticking it to us all.

Pulled my old truck out of storage reinvested in it , will use for a few more years ! Not paying these insane prices !

 

[gadget73]

I didn't even know you were supposed to refrigerate them.
That kind of seems like over kill.
I just figured they were better designed insulators.

I've actually seen testing done on these vs other things. For the first short bit of time, the can warms quicker vs standard coolers. Once it "cold soaks", it holds the can cold longer than others. Basically its bleeding the heat out of the Yeti initially but because of the way its made, once that happens little more heat gets into the drink. If you start with it cold, then the can doesn't have to absorb the heat.

 

[SolderIron]

Gas back up to $3.49 after a one day low of $3.33.

Was $3.39 yesterday.

Regular is a few cents under $5 here. California gas is expansive.

 

[YY1]

I've actually seen testing done on these vs other things. For the first short bit of time, the can warms quicker vs standard coolers. Once it "cold soaks", it holds the can cold longer than others. Basically its bleeding the heat out of the Yeti initially but because of the way its made, once that happens little more heat gets into the drink. If you start with it cold, then the can doesn't have to absorb the heat.

My personal tests with the ones I bought * indicate the pre-cooled can stays cold VERY long.
This is middle FL, and even in a car with the AC running, an uninsulated can gets fairly warm, fairly quickly.
I've recorded temps in my shop of over 110. Not sure they've been that high this year, but those can coolers work really well there, too.

* I found the brand on a cardboard insert- KUUMA.
I think they stopped making them, although I did find some "out of stock" listings at a few online stores.
They retailed for $19.99 each.
So:
A- they undercut Yeti by 30%
B- they're still what I'd call overpriced
C- they apparently didn't sell well enough to stay in production.

That company still makes-
Large, high efficiency, gasketed plastic coolers
Barbecue grills specifically designed to mount on boats (!?!)
Tankless water heaters.

Interesting combination of products to say the least.

 

[YY1]

...and while I was out for lunch, gas is now $3.59

 

[OBMG74]

I have a hard time getting interested in projects that require wood.
Even lowly poplar is $5.00/board ft.

The prices do give me incentive to get out the planer and salvage stuff that I have laying around.
Time to plant a Victory Forest!

 

[BillyTheKid]

I have a hard time getting interested in projects that require wood.
Even lowly poplar is $5.00/board ft.

The prices do give me incentive to get out the planer and salvage stuff that I have laying around.
Time to plant a Victory Forest!

Time to start gluing up your scraps !

 

[Mystic]

I have a hard time getting interested in projects that require wood.
Even lowly poplar is $5.00/board ft.

The prices do give me incentive to get out the planer and salvage stuff that I have laying around.
Time to plant a Victory Forest!

Speaking of Prices Going Up and Wood:

The cost of firewood, throughout the EU states, is skyrocketing.... if you can find it.

Dunno what the folks in apartment blocks gonna do for heat. Ovens, mostly, 'course "lectricity probably gonna be rationed as well so... SHIVER ME TIMBERS.

 

[SolderIron]

Speaking of Prices Going Up and Wood:

The cost of firewood, throughout the EU states, is skyrocketing.... if you can find it.

Dunno what the folks in apartment blocks gonna do for heat. Ovens, mostly, 'course "lectricity probably gonna be rationed as well so... SHIVER ME TIMBERS.

One can burn trash in some ovens. Solving 2 problems at once.
Follow me for more great ideas.

 

[Mystic]

INFLATION ACROSS THE "EU ZONE" IS UP UP UP...

The numbers for AUGUST 2022 are in.

EU Union 9.8% (was 7.7 JULY 2022)
EU Area 9.1% (was 8.7% JULY 2022)

Of the 44 states that comprise the EU Area, 25 states have ROI that is 10% or higher for AUGUST 2022. Of the 27 member states of the EU Union, 13 have ROI of 10% or higher.

EU Union - Highest ROI is ESTONIA @ 22.80% for AUGUST 2022
Comment: The Baltic states, Czechia, Poland and Moldavia range 16.10% to 33.65%

EU Area - Highest ROI is TURKEY @ 79.60% for AUGUST 2022

* NOTE 1: France inflation decreased from 6.9% JULY to 5.8% AUGUST. It's a late-summer miracle.
* NOTE 2: Hungary's inflation decreased from 16.5% (J) to 13.7% (A). Good policies. Quel surprise?

 

[Mystic]

INFLATION ACROSS THE "EU ZONE" IS UP UP UP...

The numbers for AUGUST 2022 are in.

EU Union 9.8% (was 7.7 JULY 2022)
EU Area 9.1% (was 8.7% JULY 2022)

Of the 44 states that comprise the EU Area, 25 states have ROI that is 10% or higher for AUGUST 2022. Of the 27 member states of the EU Union, 13 have ROI of 10% or higher.

EU Union - Highest ROI is ESTONIA @ 22.80% for AUGUST 2022
Comment: The Baltic states, Czechia, Poland and Moldavia range 16.10% to 33.65%

EU Area - Highest ROI is TURKEY @ 79.60% for AUGUST 2022

* NOTE 1: France inflation decreased from 6.9% JULY to 5.8% AUGUST. It's a late-summer miracle.
* NOTE 2: Hungary's inflation decreased from 16.5% (J) to 13.7% (A). Good policies. Quel surprise?

ADDENDUM:


Source: EuroStats

 

[Mystic]

ADDENDUM:

View attachment 2653139
Source: EuroStats

And also the CPI for EU Union states as of AUGUST 2022.


Source: EuroStats

Get a load of those rates @ Baltic States.

NOTE: UK official economic statistics bureau has yet to publish CPI for AUGUST 2022 ... politically-motivated head-in-the-sand (it's the elections, stipid) tactic ~ stalling in order to find a fix that fits... this is what's posted @ GOV.UK National Statistics as of 1 September 2022:



PS: Yes, I know UK is not a member state of The European Union -- I lived through BREXIT in The EU, gang. But, UK is a leading economy within the EU AREA, and its economic "throw" exerts a HUGE influence over the entire region, much moreso than, e.g., Switzerland, Turkey, and other non-EU member but EU Area states.