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Tag Archives: supply chain disruptions
IHS Market Warns Of “Armageddon” For US Propane Market
IHS Market Warns Of “Armageddon” For US Propane Market The expanding energy crisis is causing propane to rocket higher (read: here) as supplies dwindle to below seasonal levels as research firm IHS Markit Ltd. warns of “armageddon” during the Northern Hemisphere winter. IHS analyst Edgar Ang told attendees during a virtual presentation on Tuesday that US […]
Hit by Shortages, Vehicle & Parts Production Plunged to Lowest since Lockdown. Oil & Gas Has New Script
Hit by Shortages, Vehicle & Parts Production Plunged to Lowest since Lockdown. Oil & Gas Has New Script Industrial production over the long term is a sad sight, powered by offshoring. Industrial production – manufacturing output, oil-and-gas extraction, mining, and gas and electric utilities – fell 1.3% in September from August, pushed down by production […]
The Future of the World Economy is Perma-Crisis
The Future of the World Economy is Perma-Crisis These Aren’t Shortages — They’re the Beginning of the Longest, Hardest Economic Collapse in History Image Credit: 7News Screenshot Sshh, don’t tell anyone. In my other life, I’m a musician. I’m lucky enough to be working with a vocalist who many of you’ve probably heard of. Her […]
Not Getting Better: Relentless Retail Inventory Squeeze amid Shortages & Supply Chain Chaos
Not Getting Better: Relentless Retail Inventory Squeeze amid Shortages & Supply Chain Chaos Holiday selling season is going to be a mess: Look not for what you want but for what the store has. The holiday selling season is approaching, and a whole litany of weird shortages is ricocheting through the economy. Stuff suddenly gets […]
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, […]
Covid is at the center of world’s energy crunch, but a cascade of problems is fueling it
Covid is at the center of world’s energy crunch, but a cascade of problems is fueling it “It’s like a car that’s been taken off the road for a while and now we want to restart it quickly — it takes time,” according to an expert. A man uses his smartphone flashlight to light up […]
Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price
Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price European policymakers and some traders blame Russia for the low volume of gas stored across the region which has sent both gas and electricity prices surging to record highs. Russia’s pipeline gas export monopoly Gazprom has met commitments for long-term contracts, its clients confirm. But […]
US Heating Oil Supplies Lowest In Decades Ahead Of Winter
US Heating Oil Supplies Lowest In Decades Ahead Of Winter Americans are hoping the energy crisis in Asia and Europe won’t spread stateside. But industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand. The latest concern is ultra-low stockpiles of heating oil (distillate fuel […]
The Current Supply Chain Crisis Could Throw The Global Economy Off Course!
The Current Supply Chain Crisis Could Throw The Global Economy Off Course! Be ready! The current supply chain crisis is becoming noticeable to most at this point and it could toss the entire global economy off course. With just the right problem, we could all be facing shortages that would make the toilet paper incident […]
Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus
Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus The Story is the Story Today is a US payrolls Friday. I have covered 277 of these releases. A handful were of any lasting interest, signalling something the market didn’t already know beforehand, and a few dozen more were higher/lower […]
Like The Dance Band On The Titanic, The Band Plays On
Like The Dance Band On The Titanic, The Band Plays On As The Ship Goes Down The Band Plays On It is said the dance band on the Titanic played on as the ship went down. This was all done as a grand effort to reassure the passengers and ease the panic in their hearts. Consider […]
Dominos Fall As Germany’s Largest Ammonia Producer Slashes Output Amid Energy Crisis
Dominos Fall As Germany’s Largest Ammonia Producer Slashes Output Amid Energy Crisis A natural gas shortage across Europe has created supply-chain shocks, as seen in the food industry, where problems continue to worsen. European natgas prices are at insane levels, triggering a domino effect of output reduction or closures of fertilizer plants on the continent. […]
Winter’s discontent
Winter’s discontent “Now is the winter of our discontent Made glorious summer by this son of York; And all the clouds that low’r’d upon our house In the deep bosom of the ocean buried.” Shakespeare, Richard III This may become the winter of our discontent as people around the world face a widening energy crisis, […]
Things do not have to run out for their scarcity to become destabilizing
Things do not have to run out for their scarcity to become destabilizing Economic cornucopians who believe “innovation” and “substitution” will solve every constraint on the resources needed for modern civilization use a clever piece of misdirection to deflect the arguments of those concerned about limits. These cornucopians say that the claim by the limits crowd that […]
What then are we to become?
What then are we to become? According to Boris Johnson, the economic dislocation which appears to be gathering pace across the UK is merely “a period of adjustment after Brexit.” In Johnson’s formulation, those who would turn the clock back are tacitly in favour of the low-pay and poor working conditions which were encouraged when the UK […]
