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Tag: gas prices

New Energy Bills in UK . . . TWO-THOUSAND, THREE-HUNDRED PERCENT HIGHER

New Energy Bills in UK . . . TWO-THOUSAND, THREE-HUNDRED PERCENT HIGHER

Hal Turner, 19 September, 2022 People in the United Kingdom have begun receiving their Energy Bill Budgets for the new year and the “typical” family is seeing a Two-thousand, three-hundred percent (2300%) increase in costs! As shown in the image above, one homeowner — not a business — has been told his last monthly Budget was 52.35 British Pounds per month, and this is going up to 1248.90 British pounds per month. I don’t know about you, but I could…

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What the Russian press says about Europe’s gas crisis

What the Russian press says about Europe’s gas crisis

This article is from about a month ago. Keep up the gas supply: the heating season in the EU may become more expensive by €210 billion What will this lead to for the European economy Izvestiya, 17 August, 2022 The upcoming heating season for Europe may be about 210 billion euros more expensive than last year. Such an assessment of Izvestia was given by the National Energy Security Fund. Other industry experts agree that European spending will increase significantly. The costs will arise…

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Europe’s gas crisis: from Russian media

Europe’s gas crisis: from Russian media

The Washington Post announced the benefits of a recession in the EU for the US economy A recession in the European Union (EU) due to a shortage of Russian gas may help the US fight inflation, but Washington will suffer if Moscow refuses to export oil. This was reported on September 11 by The Washington Post, citing American economists and relevant officials. Market cap: what are the consequences of the ceiling on energy prices from the Russian Federation In Europe, they are…

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Switzerland considers JAIL for anyone who heats rooms above 19C

Switzerland considers JAIL for anyone who heats rooms above 19C

Olivia Devereux-Evans Sott.net, 7 September, 2022 From Daily Mail,7 Sep 2022 Switzerland is considering jailing anyone who heats their rooms above 19C for up to three years if the country is forced to ration gas due to the Ukraine war. The country could also give fines to those who violate the proposed new regulations. Speaking to Blick, Markus Sporndli, who is a spokesman for the Federal Department of Finance, explained that the rate for fines on a daily basis could start at…

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Clueless German Finance Minister Claims Businesses Will Have To Stop Producing But Won’t Go Bankrupt This Winter

Clueless German Finance Minister Claims Businesses Will Have To Stop Producing But Won’t Go Bankrupt This Winter

TV host shuts down government official in response: “If I stop selling, then I don’t earn any money.” Info Wars, 7 September, 2022 German Economic Minister Robert Habeck looked like a deer in the headlights trying to explain how businesses will be forced to close this winter but won’t suffer bankruptcies. During an embarrassing interview on Maischberger this week, Habeck was trying to make the argument that businesses across the country won’t go into insolvency this winter despite being compelled…

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Putin responds to the G7

Putin responds to the G7

Putin labels G7 price ceiling on Russian energy ‘utterly stupid’ Russian President Vladimir Putin has sent a warning to the west over plans to implement a price ceiling on Russian energy imports, calling it an ‘utterly stupid decision.’ The G7 announced on Friday that they would attempt to deny Russia access to the means to export its energy, such as by denying shipping insurance, unless the commodities are being sold at a price at or below that agreed upon by…

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“Russia is tearing Europe apart”

“Russia is tearing Europe apart”

Energy Shortages And Inflation Threaten Civil Unrest In Europe According to risk consultancy Verisk Maplecroft, the world is facing an unprecedented rise in civil unrest due to rising inflation and energy costs. In Europe, even some of the wealthiest nations are facing extreme risk of protest, including the Netherlands and Germany. While wealthy governments may be able to buy more time, it appears that the worst of this crisis is yet to come. Russia is tearing Europe apart: Nord Stream…

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Who do you think is actually winning?

Who do you think is actually winning?

At Least 20 European Gas Buyers Open ‘Rubles-For-Gas’ Account With Gazprombank Europe’s anti-Russian virtue signaling and harsh language are nothing more than a facade as the number of European companies opening accounts with Gazprombank JSC has doubled as President Vladimir Putin demands rubles for natural gas.  Bloomberg reports a person close to Gazprombank said twenty European companies had opened accounts with the private-owned Russian bank to swap euros for rubles to purchase natgas. Another 14 companies are requesting paperwork to facilitate transactions…

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Welcome To The Greatest Energy Crisis In History

Welcome To The Greatest Energy Crisis In History

Welcome To The Greatest Energy Crisis In History – Things Will Only Get Much More Painful From Here Michael Snyder Just as the western world was accelerating the transition away from traditional forms of energy, the COVID pandemic caused the most epic supply chain crisis in history, and now the largest land war in Europe since World War II has thrown global energy markets into a state of complete and utter chaos.  And if you think that things are bad…

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Crisis in Europe – 4 April, 2022

Crisis in Europe – 4 April, 2022

German Retailers To Increase Food Prices By 20-50% On Monday Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing away all expectations), giving locals a distinctly unpleasant deja vu feeling even before the  Russian invasion of Ukraine broke what few supply chains remained and sent prices even higher into the stratosphere… … on Monday, Germany will take one step toward a return of the dreaded Weimar hyperinflation, when according…

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