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French And German Power Prices Soar As Cold Sweeps Europe
French And German Power Prices Soar As Cold Sweeps Europe After a mild start to the year, cold weather sweeping across western Germany, France, and the UK led to a surge in electricity prices on Tuesday. French day-ahead power prices jumped to 135 euros a megawatt-hour, a 42% increase versus the rolling two-week average. The […]
Germany Unleashed Half-Trillion Dollar ‘Energy Bazooka’ To Keep Lights On
Germany Unleashed Half-Trillion Dollar ‘Energy Bazooka’ To Keep Lights On Western sanctions on Moscow have backfired, failed to paralyze Russia’s economy, and ultimately sparked financial pain for ordinary Europeans and the largest economy in the block. According to Reuters calculations, Germany has hemorrhaged cash to the tune of 440 billion euros ($465 billion) in energy bailouts and […]
Gutting Germany — Part 3: Diesel
Gutting Germany — Part 3: Diesel A story of economic suicide in the face of resource depletion Photo by Jennifer Latuperisa-Andresen on Unsplash In the past two installments (here & here) we have seen how the geology driven decline in coal production in Germany has led to an increase in natural gas consumption and black coal imports. Now, that Russian […]
German Disaster Official Recommends Stockpiling ‘Several Crates’ Of Water, Canned Food
German Disaster Official Recommends Stockpiling ‘Several Crates’ Of Water, Canned Food The head of Germany’s Federal Office for Civil Protection and Disaster Relief (BBK), Ralph Tiesler, has warned citizens to prepare for short-term power outages, particularly in January and February, and to stock up on rations in advance. “We have to assume that there will be blackouts this […]
The press are completely crazy and they are going to get us all killed
The press are completely crazy and they are going to get us all killed Remarks on the rocket strike in Poland, and the heedless jingoistic war rhetoric of the German media Yesterday, at around 3.40 in the afternoon, a rocket exploded in the Polish village of Przewodów. Two people died. Ukrainian president Volodymyr Zelensky immediately blamed […]
Germany Preparing For Emergency Cash Deliveries, Bank Runs And “Aggressive Discontent” Ahead Of Winter Power Cuts
Germany Preparing For Emergency Cash Deliveries, Bank Runs And “Aggressive Discontent” Ahead Of Winter Power Cuts While Europe has been keeping a generally optimistic facade ahead of the coming cold winter, signaling that it has more than enough gas in storage to make up for loss of Russian supply even in a “coldest-case” scenario, behind […]
German Energy Apocalypse Update VII
German Energy Apocalypse Update VII The only published footage of the damage to the Nord Stream pipelines, featured on my Nord Stream Conspiracy Thread, turns out to come from Expressen, a Swedish newspaper. Their reporters hired undersea drone operators and took a boat out to the site of the explosions off the island of Bornholm. There, they found […]
Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter
Germans told to stop whining, wear 2 sweaters and have candles and flashlights ready in case of blackouts this winter Wolfgang Schäuble, former president of the German parliament, told Bild-TV that people should wear two sweaters this winter amid the energy crisis. Sean Gallup/Getty Images German politician Wolfgang Schäuble said on Bild-TV people should stop whining […]
German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas
German government furious as ‘friendly countries’ charge ‘astronomical prices’ for gas Germany’s energy situation is dire, and the Nord Stream pipeline explosions have only worsened its geopolitical and economic outlook German Economy and Climate Minister Robert Habeck waits for the arrival of the Prime Minister of the Netherlands Mark Rutte at the foyer of the […]
Lights out, ovens off: Europe preps for winter energy crisis
Lights out, ovens off: Europe preps for winter energy crisis An employee pushes bread rolls into one of the gas heated ovens in the producing facility in Cafe Ernst in Neu Isenburg, Germany, Monday, Sept. 19, 2022. Andreas Schmitt, head of the local bakers’ guild, said some small bakeries are contemplating giving up due to […]
Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia
Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia Anonymous German officials appear to acknowledge the strong possibility of American or NATO involvement Yesterday evening, pressure in the undersea Nord Stream 2 pipeline suddenly collapsed, and gas could be seen bubbling to the surface of the Baltic […]
