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European LNG Imports Hit Two-Year High As US Flotilla Delivers Much-Needed Supplies
European LNG Imports Hit Two-Year High As US Flotilla Delivers Much-Needed Supplies A flotilla of liquefied natural gas (LNG) from the US has finally arrived in Europe, increasing LNG imports on the fuel-starved continent to a two-year high. The fresh injection of natural gas is helping to offset declining Russian shipments. Prices of European natural […]
The Energy Crisis is Here – What’s Coming Next?
The Energy Crisis is Here – What’s Coming Next? “Europe’s Energy Crunch Sparks Panic in Asia and Dash to Buy Fuel” Bloomberg, September 16, 2021 “Europe’s Energy Crisis Is Coming for the Rest of the World, Too” Bloomberg, September 27, 2021 “European Energy Prices Surge to Records as Supply Crisis Spreads” Bloomberg, September 28, 2021 […]
Germany closes half its remaining nuclear power plants
Germany closes half its remaining nuclear power plants The shutdowns of three plants take place as Europe faces one of its worst-ever energy crises and as support for nuclear as a low carbon energy is, once again, on the rise. The Grohnde nuclear power plant is one of three being shut down on Friday Germany […]
Finally, Bloomberg Admits Renewables Mania Caused Energy Shortages
Finally, Bloomberg Admits Renewables Mania Caused Energy Shortages Plus, new Environmental Progress Analysis finds German emissions rose in 2021 and in will rise again in 2022 Michael Bloomberg is directly invested in natural gas and renewables and is the owner and publisher of Bloomberg Media Between 2017 and 2021, Environmental Progress and I researched and published dozens of articles, testified before Congress, […]
Covid is dead. Energy is the new crisis.
Covid is dead. Energy is the new crisis. Markets are welcoming victory versus COVID, but the next crisis is upon us: Energy instability. The consequences could be dramatic.. “Trying to fire-up the induction hob by rubbing two sticks together proved a waste of time..” This morning: Markets are welcoming victory versus COVID, but the next crisis […]
France Faces Power Blackouts In Next Cold Snap, Grid Operator Warns
France Faces Power Blackouts In Next Cold Snap, Grid Operator Warns France’s electricity grid is coming under strain, and the next cold snap could be devastating for the country as energy-intensive manufacturers would experience reduced power, according to a new report published by French power grid operator Reseau de Transport d’Electricite (RTE). RTE said due […]
New England is an Energy Crisis Waiting to Happen
New England is an Energy Crisis Waiting to Happen “A lot of people like snow. I find it to be an unnecessary freezing of water.” – Carl Reiner At its core, the human body is a symphony of chemical reactions. The complexities and interdependencies of the molecular machinery that makes our bodies function are almost too […]
Here’s How the Energy Crisis Turns Into Hunger and Then… War?
Here’s How the Energy Crisis Turns Into Hunger and Then… War? We have previously warned about a whopping food crisis and supply problems in the fertilizer market. Well, now is worse because that was BEFORE we had the natural gas crisis. Why is that important? Natural gas is THE critical input into making fertilizer. Urea […]
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 […]
“Prepare for lack of electricity” in 2022 says Foxconn founder
“Prepare for lack of electricity” in 2022 says Foxconn founder Photo by Scott Olson/Getty Images The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” […]
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 […]
Energy Crisis Great Reset
Energy Crisis Great Reset This week, Steve St. Angelo of SrSRocco Report joins Dave Russell of GoldCore TV to discuss the Energy Cliff and its implications on the future economy and asset values. And why he invests in precious metals because of these energy dynamics.
