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Category: Energy

Dutch Greenhouses Go Dark As Energy Crisis Worsens; Food Inflation Fears Mount For Europe

Dutch Greenhouses Go Dark As Energy Crisis Worsens; Food Inflation Fears Mount For Europe

Zero Hedge, 2 October, 2021 Soaring European gas and electricity prices are getting worse by the day, forcing a vast network of Dutch glasshouses, the largest on the continent, to limit output or go entirely dark, according to Bloomberg. This could have a devastating impact on food supplies and boost prices ahead of the holiday season.  The Netherlands has become an agricultural giant and is the world’s second-largest exporter of food by value, primarily thanks to its 25,000 acres of…

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European Gas Hits A Record 100 Euros As Russian Gas Flows Collapse By 77%

European Gas Hits A Record 100 Euros As Russian Gas Flows Collapse By 77%

Zero Hedge, 1 October, 2021 While Russia would never admit it, Putin is slowly but surely tightening the screws on Europe’s hyperinflating energy prices just as China told the world it will buy every source of energy that is not nailed down. On Friday, front-month European nat gas (Dutch TTF) briefly soared to a record 100 euros before retreating, at the as China stepped up a global fight for energy supplies, ordering top energy companies to secure energy supplies “at…

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The energy crisis deepens

The energy crisis deepens

China requests emergency power from Russia as coal shortages leave cities without electricity & factories grind to a standstill Beijing has reportedly asked one of Russia’s largest power companies to step up its exports of electricity to China after days of brownouts blamed on scarce supplies of coal caused chaos across the world’s most populous country. On Wednesday, the Inter RAO energy conglomerate revealed that it had received a request from authorities in the East Asian nation to help relieve…

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The energy crunch is going to impact you and your family

The energy crunch is going to impact you and your family

This video contains very important information that, in the midst of the covid plandemic and vaccine genocide could be overlooked. It brings me full-circle, back to my blog of 10 years ago. Here we are again. The policy responses to Covid have been awful, but those failures are utterly dwarfed by the energy and supply chain policy inactions that are bringing us into a very dark winter. While COVID-19 has occupied a lot of our intellectual and emotional energy over…

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Power Crisis Deepens In Asia And Europe: What It Means To Shipping

Power Crisis Deepens In Asia And Europe: What It Means To Shipping

By Greg Miller of American Shipper, There’s panic-buying of gasoline in the U.K. Natural gas prices in Europe and Asia are skyrocketing. Protests are breaking out across Europe due to spiking electricity bills. India and China are short of coal for utilities. Power is being rationed to factories in multiple Chinese provinces — and winter is coming. First came the COVID-induced global supply chain crisis for container shipping. Now comes a power crunch across Asia and Europe. Energy commodity stockpiles…

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All Hell Is Breaking Loose In Energy Markets

All Hell Is Breaking Loose In Energy Markets

https://www.zerohedge.com/markets/all-hell-breaking-loose-energy-markets By now readers are well aware that Europe is suffering from a historic gas crisis, one which according to Rabobank is now even more extreme than the US oil price shock. And unfortunately for Europe’s population, with every passing day – and to a lesser extent hedge funds such as Statar Capital which suffered a big loss in the past few days – it’s only getting worse. As Bloomberg’s Javier Blas notes today, both UK NBP and Dutch TTF natural gas benchmarks have closed…

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Panic Hoarding Gasoline Begins As UK Plunges Towards “Winter Of Discontent”

Panic Hoarding Gasoline Begins As UK Plunges Towards “Winter Of Discontent”

Zero Hedge, 25 September, 2021   One day after oil giant BP warned about rationing gasoline and diesel at UK service stations, Brits began to panic buy fuel as the government tried to calm fears.  Lines of cars and trucks are spilling over into the streets at service stations across the country. A BP spokesperson said Thursday that a truck driver shortage has resulted in its inability to transport fuel from refineries to its network of service stations. These words spooked…

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Russia’s Gazprom Neft moves to yuan in fuelling planes in China

Russia’s Gazprom Neft moves to yuan in fuelling planes in China

The most important news comes in a form worthy of the Soviet Pravda and without any context.   VLADIVOSTOK, Russia Sept 3 (Reuters) – Gazprom Neft (SIBN.MM), the oil arm of Russian gas giant Gazprom (GAZP.MM), has started to move away from the U.S. dollar to China’s yuan in settlements for fuelling planes in China, Gazprom Neft’s CEO Alexander Dyukov said on Friday. The deal has been reached with China’s national jet fuel operator, he said. “We start from September and may…

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