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This economy is going down
This economy is going down UK gas prices have fallen back this week – although they are still some 400 percent higher than at the start of 2021. And the reasons for the fall in price should not breed complacency. First, the arrival of a south-westerly airflow off the Atlantic has finally begun to spin […]
Rolling Blackouts Spread Across Europe Amid Energy Crisis
Rolling Blackouts Spread Across Europe Amid Energy Crisis Europe’s energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to Bloomberg. On Thursday, the Kosovo Energy Distribution Services (KEDS) announced rolling two-hour power blackouts for 2 million people due to an “overload” of its electrical grid. KEDS asked […]
European Firms Warn “Unbearably High Energy Costs” May Spark Wave Of Production Shutdowns
European Firms Warn “Unbearably High Energy Costs” May Spark Wave Of Production Shutdowns Years of mindless green energy policies across the European continent are about to unleash an economic crisis. Energy-intensive companies are paying “unbearably high energy prices” that may force them to shutter operations. Eleven European associations (from steel to fertilizers to cement to paper mills) […]
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis”
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis” Update (1120ET): The latest jump in U.K. natural gas prices has been called a “national crisis” by multiple energy firms and industry groups in the country. They’re requesting the government protect customers and suppliers as critical Russian gas flows into Europe plunge, nuclear outages in France, and cold […]
The UK energy rationing plan
The UK energy rationing plan The establishment media are suspiciously silent about the energy crunch facing Europe in general and the UK in particular. In October, when the wholesale gas price spiked at 400 percent above its January 2021 level, energy prices were headline news. So too was the sight of energy supply companies falling […]
Russia Reluctant To Boost Gas Flows As Cold Snap Hits Europe
Russia Reluctant To Boost Gas Flows As Cold Snap Hits Europe Natural gas exports from Russia via the Yamal-Europe pipeline will remain limited at the start of this week as true winter begins and Russia keeps more gas for domestic consumption, with maximum temperatures in Moscow dipping below zero. Bloomberg reports that after booking limited transit space […]
European Nuke Plants Offline As Power Prices Hit Record
European Nuke Plants Offline As Power Prices Hit Record Bloomberg’s Chief Energy Correspondent Javier Blas tweeted a disturbing map of European day-ahead electricity prices that will hit record highs on Monday. “EUROPEAN ENERGY CRISIS: Wow, wow, wow… I’m running out of words to describe the European short-term electricity market,” Blas said. He continued, “Multiple records breached for Monday. With […]
German Cold Blast To Extend Into January Amid Energy Crisis
German Cold Blast To Extend Into January Amid Energy Crisis A combination of factors creates a perfect storm of turbulence for many Europeans paying some of the highest energy prices ever. Natural gas stockpiles remain at low levels as gas flows from Europe are depressed. The continuation of cold weather and an energy crunch is […]
European Gas Prices Hit Record High As Germany Blocks Nord Stream 2
European Gas Prices Hit Record High As Germany Blocks Nord Stream 2 European gas futures surged to a record high on Tuesday after Germany blocked Russia’s Nord Stream 2 pipeline from launch because it did not comply with European law. German foreign minister Annalena Baerbock said all three parties that make up the new government […]
Putin to Biden: Finlandize Ukraine, or We Will
Putin to Biden: Finlandize Ukraine, or We Will Neocons and Republican hawks such as the late John McCain sought to bring Ukraine and two other ex-Soviet republics, Georgia and Moldova, into NATO. Putin, who served in the KGB in the late Soviet era and calls the breakup of the USSR the “greatest geopolitical catastrophe” of […]
La Nina To Blast Europe With Cold Snap Amid Energy Crisis
La Nina To Blast Europe With Cold Snap Amid Energy Crisis Energy prices in Europe are expected to increase as new weather models forecast a plunge in temperatures to begin by the late weekend. A weather phenomenon known as La Nina will bring below-normal temperatures for continental Europe and the Nordic region by Sunday. The […]
Should We Get Prepared for a Real “Duck and Cover” Provocation?
Should We Get Prepared for a Real “Duck and Cover” Provocation? Look out! All the signals suggest the liberal order is about to plant a false flag operation smack on Russia’s western frontiers. At first, ludicrous claims of Russian troop buildup seemed like propaganda 101, but the craziness has gained momentum now. The steamrolling fear […]
EU Gas Prices Soar On NS2 Delays, Sudden Belarus Pipeline Closure
EU Gas Prices Soar On NS2 Delays, Sudden Belarus Pipeline Closure European natural gas prices continue to soar after Nord Stream 2 pipeline delays were seen earlier this week, and now a major crude pipeline from Russia into Europe has temporarily halted flows due to “unscheduled repairs.” The newest market generated information pushing up European natgas prices […]
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all bets are now off as Europe is set to get its first cold blast […]
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase European natural gas prices plunged Wednesday after signs Russian gas flows into Europe were increasing ahead of what’s expected to be a miserable winter of tight supplies and high energy costs. Dutch natural gas futures, the European benchmark, dropped as much as 12% to € 64.14 per […]
