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Category Archives: Energy
Water. Food. Energy.
Water. Food. Energy. Unless you have spent the past summer under a rock on a remote island, you have probably heard about the severe droughts besetting Asia, Europe, and the United States. Rivers turning into mere trickles. Crops failing or delivering less than half of their usual yields. Power plants shutting down due to a […]
Majority Of Hungarian Gas Stations To Run Dry Next Week
Majority Of Hungarian Gas Stations To Run Dry Next Week Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported. According to Daily News Hungary. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of […]
Escalation: Recent Events Suggest Mounting Economic Danger
Escalation: Recent Events Suggest Mounting Economic Danger A common refrain from people who are critical of alternative economists is that we have been predicting crisis for so long that “eventually we will be right.” These are generally people who don’t understand the nature of economic decline – It’s like an avalanche that builds over time, […]
Could We Ever Make Enough Synthetic Oil to Get By?
Could We Ever Make Enough Synthetic Oil to Get By?
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills Prime minister to lead nation in a minute’s silence to honour the Queen’s legacy ahead of funeral. Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy – even as […]
Energy Shock
ENERGY SHOCK The world is in energy shock. European imported coal prices increased 421% before Russia invaded Ukraine. German electric power price increased 518%. European natural gas jumped 765% and Asian spot LNG, 957%. Since then, it’s gotten even worse. U.K. natural gas futures price has increased +$99.86 (+574%) from $17.41 to $117.27 per mmBtu […]
The Hilarious Reason Europe Won’t Freeze This Winter
The Hilarious Reason Europe Won’t Freeze This Winter https://youtu.be/ALQg5wmhIVE
Angry Customers Demand Explanation As German Energy Bills Soar
Angry Customers Demand Explanation As German Energy Bills Soar Utilities in Germany have had to handle a surge in customer service calls in recent weeks from clients angry or desperate about their sky-rocketing energy bills, Reuters reports. The biggest utility, E.ON, has ramped up its capacity to handle calls from consumers who are shocked to find […]
Europe Cannibalized
Europe Cannibalized Abandoned industrial building. Image credit: Pixabay Europe is in the process of losing its industry. It didn’t start this year, it was already going on for decades now. However, in 2022 the process has switched from a long slow grind to a considerably higher gear. Energy is the economy. This is the key point in […]
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis A number of countries in Europe may experience social unrest if the upcoming winter is harsh amid an economic crisis, the head of the International Monetary Fund (IMF) warned on Wednesday. “There is certainly fear of recession in some countries, or even if it is not […]
Europe’s Natural Gas Shortage Could Trigger A Food Crisis
Europe’s Natural Gas Shortage Could Trigger A Food Crisis Energy crises impact nearly every aspect of our lives, and that is particularly true of food markets, with food production next year expected to be severely threatened. About 70 percent of the cost of fertilizer production is solely the price of natural gas, and as the […]
Death by Hockey Sticks
Death by Hockey Sticks Courtesy Pixabay (PhotoMIX-Company) You may be familiar with the term “hockey stick curve,” used describe a trend that has been flat/stable for a very long time, but shoots up at the end of the series in dramatic fashion, resembling the shape of a hockey stick. Hockey can be a violent sport, […]
HEAR What 5 New England Utility Execs Are WARNING | Power Outages This Winter
HEAR What 5 New England Utility Execs Are WARNING | Power Outages This Winter
Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US
Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US Though the situation is ever changing, currently the Russian government has announced an official shutdown of ALL natural gas exports to Europe through the Nord Stream 1 pipeline and plans to maintain the shutdown until the EU ends its economic sanctions over the […]
