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Category: Energy

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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Hurricane Ida: No power, no water, no gasoline; more Than 90% of Oil and Gas Production in the Gulf of Mexico

Hurricane Ida: No power, no water, no gasoline; more Than 90% of Oil and Gas Production in the Gulf of Mexico

I have been paying scant attention to the damage wrought by Hurricane Ida Ida’s sweltering aftermath: No power, no water, no gasoline NEW ORLEANS (AP) — Hundreds of thousands of Louisianans sweltered in the aftermath of Hurricane Ida on Tuesday with no electricity, no tap water, precious little gasoline and no clear idea of when things might improve. Long lines that wrapped around the block formed at the few gas stations that had fuel and generator power to pump it….

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Questions about why the Americans have pulled out of Afghanistan

Questions about why the Americans have pulled out of Afghanistan

I have the best translation I can get. The report-a shock that shook the United States: Why the Americans are gone from Afghanistan & set up business  (video) How the world public opinion was misled War News 24/7, 15 August, 2021   Global developments marks the withdrawal of the US from Afghanistan. A withdrawal, accompanied by images of “Saigon 2” and will engage directly, Turkey, Greece, Russia, China and Iran. What we see in Afghanistan is the first half of…

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Jacinda Adern’s madcap vision for New Zealand’s “Green” future

Jacinda Adern’s madcap vision for New Zealand’s “Green” future

Everything speaks to moral bankruptcy and unacknowledged economic collapse This was back in June Ardern says climate crisis is ‘life or death’ as New Zealand landmark report calls for sweeping changes Climate Commission recommends shift to electric cars, large-scale agricultural reform and an end to reliance on gas in homes New Zealand has been handed a new vision for dramatic reduction of its greenhouse gas emissions – including reduced animal numbers on farms, no new household gas connections by 2025,…

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NZ electricity companies drained water off the hydro lakes to keep prices high

NZ electricity companies drained water off the hydro lakes to keep prices high

Government will BURN COAL for electric cars or collapse the economy. Jacinda Adern likes to play pretend that we are all going to be driving electric cars (or at least those who have not been eliminated or forced into poverty) without once asking the question where all this electricity is going to come from. The answer is either COAL or the economy will be collapsed (and NOT ONLY from attacks on the farming industry). NZ GOVERNMENT WANTS US ALL TO…

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NZ government wants us all to drive electric cars but will they use coal to produce the electricity?

NZ government wants us all to drive electric cars but will they use coal to produce the electricity?

The New Zealand government is, in its public utterances putting all its hopes on electric cars. We are are pinning our hopes on a utopia of electric vehicles without ever once explaining where the energy for this “clean energy” is going to come from. I think the answer lies below. First here is a video I posted a couple of days ago. NZ imported more than a million tonnes of ‘dirty’ coal last year In the same year that the…

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A coming oil shortage: When This Runs Short, Watch Out!

A coming oil shortage: When This Runs Short, Watch Out!

Peak Prosperity There’s one thing that I think might cause a breakdown in the system of money and halt the economic expansion in its tracks. Come to learn about the critical importance of Net Energy, stay for the prediction about how an oil shortage within the next year could cause the gross experiment in money printing to come to a grinding halt.

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