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You really don't understand how bad the energy crisis could get in Europe this year
Fortune via Yahoo ^ | September 25th, 2022 | Tristan Bove

Posted on 09/25/2022 8:37:49 AM PDT by Mariner

An energy crisis the likes of which hasn't been seen in decades is unfolding around the world.

The Russian invasion of Ukraine in February of this year created a ripple effect in global markets. Western nations that once relied on energy supplies from Russia—the world’s second largest natural gas producer and third largest petroleum producer—condemned the invasion by refusing to buy Russian energy, or were cut off by President Vladimir Putin.

Nowhere is this crisis more pronounced and more dangerous than in Europe, where a long-standing gambit on cheap Russian gas has backfired. At the onset of the war, the European Union’s 27 member nations relied on Russia for 40% of their natural gas—the second most common energy source in Europe behind petroleum oil.

But now, with Russian supplies limited, the benchmark price of natural gas in Europe has more than doubled over the past year, and both consumers and corporations are getting hit hard.

Electricity bills have already tripled in many places. Some coffee shops and restaurants have seen monthly bills rise from €2,000 a year ago to €7,000 now, and major industries have started furloughing workers and cutting back on expenses due to high electrical bills. The situation is so dire that governments that previously renounced fossil fuels and nuclear power are desperately reopening shuttered coal plants and nuclear sites, and nationalizing utility companies to save them from going bankrupt.

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: 100percntpredictable; culturalsuicide; greatreset
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No surprise to those paying attention.

Governments will fall.

1 posted on 09/25/2022 8:37:49 AM PDT by Mariner
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To: Mariner

Many will die and environmentalist controlled governments will accept no responsibility.


2 posted on 09/25/2022 8:39:58 AM PDT by Erik Latranyi (We are being manipulated by forces that most do not see)
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To: Mariner

Biden and the Dems have caused all of this when American Energy production was shut down. Food shortages will appear shortly since fertilizer, which is made from Natural Gas is so expensive now, that farmers had to stop using it. This equated means much lower production.


3 posted on 09/25/2022 8:40:48 AM PDT by chopperk
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To: Mariner
You really don't understand how bad the energy crisis could get in Europe this year

Yes I do. The government leaders of Europe don't. I suspect their citizens will make them aware as it gets colder, though.
4 posted on 09/25/2022 8:41:32 AM PDT by AnotherUnixGeek
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As much as I hate to see suffering, I think this is the only way to memory hole gorebull warming which will cause orders of magnitude more suffering for god knows how long later when the Soros’s Schwabbs, and the other billionaires finally get their way


5 posted on 09/25/2022 8:43:08 AM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: dsrtsage

Don’t worry...Team Biden is on this!


6 posted on 09/25/2022 8:46:02 AM PDT by parmamenian (and so it goes!)
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To: Mariner

The elites wont suffer


7 posted on 09/25/2022 8:46:53 AM PDT by Therapsid (eagan )
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To: Mariner

Import BLM and Antifa pukes from America. They’ve been unemployed as of late!

They’ll burn down every city and town and keep everyone toasty-warm this winter. ;)


8 posted on 09/25/2022 8:48:29 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: chopperk

> Biden and the Dems have caused all of this when American Energy production was shut down. <

That played a huge role, as did Europe’s decision to rely on windmills and unicorns for energy.

But the Left (and the media) will have you believe it’s 100% Russia’s fault. The power of the media is vast. Propaganda works. So I fear people will keep on believing their lies even as things get worse.


9 posted on 09/25/2022 8:50:52 AM PDT by Leaning Right (The steal is real.)
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To: Mariner
EU = More Really Good timing with their idiots in charge!

Travis McGee, Thanks for posting the above economic reality for the ETU, Euro Trashy Union versus Russia. Also, a reality lesson versus Harvard/Yale B$ and our MMS B$ers.

Oktoberfest may be AXED due to Putin gas crisis, and Bavarian breweries told to stop making BEER as it's revealed Germans must pay £1,000-a-year 'gas surcharge' ON TOP of bills and Hanover turns off hot water!

UK Daily Mail ^ | July 29, 2022 | Chris Pleasance

Posted on 7/29/2022, 9:01:31 AM by C19fan

Germany could be forced to scrap Oktoberfest celebrations and its famous Christmas markets as officials desperately search for ways to save energy after Russia began throttling gas supplies to Europe.

Hanover, yesterday became the first major city on the continent to announce it will turn off all hot water in public buildings to conserve energy, while Berlin has begun dimming streetlights and Augsburg has turned off public water fountains.

Although Europe is scrambling to get energy from elsewhere, any difficulties this winter could be a harbinger of worse to come if Russian gas supplies are completely severed and stay off through 2023, said France’s minister overseeing energy, Agnès Pannier-Runacher.

“If gas deliveries are cut by the end of the year, that will mean we’ll have a full year without Russian gas, so the following winter could be even harder,” Pannier-Runacher told French senators.

Europe green energy in action:

RUSSIANS ARE TROLLING EUROPEANS BY LIVE STREAMING THEIR STOVES BURNING 24/7!

[Russian gas bill 1.5 Euro/month with stove burning 24/7]

10 posted on 09/25/2022 8:53:58 AM PDT by Grampa Dave (Anyone, who can make you believe in absurdities, can make you commit atrocities.!" ~ (Voltaire)!, )
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To: Mariner

Let the green lunatics chop wood.


11 posted on 09/25/2022 8:58:36 AM PDT by allendale
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To: Mariner

the people will not freeze

the people will warm themselves by the bonfire


12 posted on 09/25/2022 8:59:19 AM PDT by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: Mariner

13 posted on 09/25/2022 9:00:28 AM PDT by aMorePerfectUnion (Fraud vitiates everything. )
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To: Mariner

I believe it could get pretty bad here too.


14 posted on 09/25/2022 9:01:06 AM PDT by Revel
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To: Therapsid
The elites wont suffer

Make them suffer

15 posted on 09/25/2022 9:02:46 AM PDT by mac_truck (aide toi et dieu t'aidera )
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To: Mariner

The energy crisis is being engineered to install a thousand year Reich of corporate and governmental elites, to crush the middle class and create a two tier global society.

It began on Biden’s first day as President.

Inflation crisis began on Biden’s first day.

World War III began on Biden’s first day.

Yee haw. Hail Hydra!


16 posted on 09/25/2022 9:12:26 AM PDT by Quentin Quarantino
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To: Mariner

They are seriously stockpiling, though. And a whole lot of serious people are really working to get some solutions going. It’s like the pandemic when people feared our store shelves would be bare. There’s just too much at stake. It might not be pretty, but there just will not be masses of Europeans freezing to death.


17 posted on 09/25/2022 9:37:18 AM PDT by gloryblaze
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To: Mariner

Totally predictable but there were those who willfully chose not to see.


18 posted on 09/25/2022 9:44:58 AM PDT by hinckley buzzard ( Resist the narrative.)
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To: Erik Latranyi
Many will die and environmentalist controlled governments will accept no responsibility.

WE have to save the planet after all.

19 posted on 09/25/2022 9:47:23 AM PDT by AndyJackson
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To: AnotherUnixGeek

I think there is much more malice in this than you give them credit for. These people aren’t stupid ... OK maybe I am wrong about the stupid part.


20 posted on 09/25/2022 10:00:02 AM PDT by Nuc 1.1 (Liberals aren't Patriots. Remember 1789!)
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