Europe misses Donald Trump.

French Electricity Price Exceeds 1,000 Euros for First Time

The French year-ahead contract rose as much as 25% to 1,130 euros a megawatt-hour on the European Energy Exchange AG Friday. The German equivalent also gained to a record, rising as much as 33% to 995 euros a megawatt-hour for a gain of about 70% this week. In oil market terms, it’s the equivalent of over $1,600 a barrel.

Wow!  And to think I felt bad about my electric bill of 26 cents a kWh.  The French will be paying $1.13 kWh!

At the same time shortages will mean NO natural gas for heating, at any price!

Well, Frack Me!

… and don’t forget about the rising price of home heating oil!


About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. New girlfriend at sixty-five. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump.
This entry was posted in 2022, Can't fix Stupid, Economy, Global Warming Hoax. Bookmark the permalink.

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