OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» A New FRB Signal Has Buzzed Nearly 2,000 Times in Just Two Months, Raising a Mystery
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 11:31 am by PurpleSkyz

» FDA tells the vaccine injured: "Thanks for sharing"
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 11:16 am by PurpleSkyz

»  Synthetic Salvation — On Genomics, Mind Uploads, and the Quest for Immortality
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 10:44 am by PurpleSkyz

» California Bans Natural Gas Furnaces, Water Heaters
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 10:33 am by PurpleSkyz

» VAERS: 37-Year-Old Oklahoma Man Dead 2 Days After Monkeypox Vaccine – Over 2000 Symptoms Recorded After Vaccine Including Skin Diseases
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 10:25 am by PurpleSkyz

» Bill Gates Announces They’re Halfway Toward Their Goals [The Great Reset]
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyToday at 10:18 am by PurpleSkyz

» UN food chief warns millions ‘knocking on famine’s door’
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 10:21 am by PurpleSkyz

» We Have Our First Look at Neptune's Rings in 33 Years, And They're Glorious
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 10:17 am by PurpleSkyz

» YouTube Clown Show (Part1&2)
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 10:14 am by PurpleSkyz

» Stevia Kills Lyme Disease Pathogen Better Than Antibiotics (Preclinical Study)
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 1:18 am by PurpleSkyz

» WEF To Force Public To Wear ‘Brain Implants
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 1:13 am by PurpleSkyz

» Experiment Reveals What 1 Hour in Nature Does to The Human Brain
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 1:09 am by PurpleSkyz

» Every Screen Should Have Blue Light Blockers
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 12:35 am by PurpleSkyz

» Gavin Newsom Signs Bill Legalizing Human Composting in California
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 12:32 am by PurpleSkyz

» LITHIUM mining for electric vehicles is incredibly destructive to the environment
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 12:23 am by PurpleSkyz

» New Report: UFOs Spotted Over Ukraine Skies, Reaching Speeds of Up To 53,000 km/h
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyYesterday at 12:11 am by PurpleSkyz

» NASA is Going to Crash a Spacecraft Into an Asteroid on Sept. 26 - Watch Live
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:32 am by PurpleSkyz

» Random Acts of Kindness That Will Make You Cry
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:29 am by PurpleSkyz

» Bad-clown Rising - Mandelbrot's Creme Brulee
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:27 am by PurpleSkyz

» Has Lake Champlain's monster 'Champ' been picked up on sonar?
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:26 am by PurpleSkyz

»  They Knew
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:22 am by PurpleSkyz

» Energy prices in Germany soar 1,000% as companies go bankrupt
Heating Costs May Triple As Nat Gas, Propane Shortage Looms EmptyThu Sep 22, 2022 11:10 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GOVERNMENTS & THE NEW WORLD ORDER » Heating Costs May Triple As Nat Gas, Propane Shortage Looms

Heating Costs May Triple As Nat Gas, Propane Shortage Looms

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Heating Costs May Triple As Nat Gas, Propane Shortage Looms
Published on October 8, 2021
Written by Climate Change Dispatch

Heating Costs May Triple As Nat Gas, Propane Shortage Looms Propane-delivery-truck

There is a real energy crisis in Europe that was created by a combination of political missteps, climate change fear-mongering, and a woke energy policy that could leave much of Europe and Asia undersupplied as they head into winter.

It is also a foreshadowing of what may happen in the U.S.
Oil topped the $75 per barrel level this week, the highest since October of 2018. Instead of learning from the mistakes that Europe made, we instead want to copy their failures and put our economy and people’s lives at risk.
The Biden administration had better heed the warning signs and call on the U.S. energy industry to try to raise production ahead of what could be one of the most expensive winters that we’ve seen in years.
If not, they risk destroying the U.S. economy and leaving poor people out in the cold.
The sharp rise in energy prices is already feeding into red-hot inflation pressures. The inability to secure supplies of natural gas and propane could have dire consequences for the economy.
With some weather forecasters predicting a very cold winter, there’s the possibility that here, in the United States of America, we could see prices for heating fuels double and triple.
We potentially could see shortages in parts of the country unless the Biden administration treats this as the emergency that it is. Supplies of energy need to be built up and built up quickly.
The U.S. Energy Information Administration (EIA) has reported the crude supplies are 8% below the five-year average, and the country needs to restock crude supplies if we have a chance to meet the demand that will be rising in the winter.
Distillate inventories that include things like heating oil are 14% below the five-year average. That is a huge deal.
Because of the shortages of natural gas and propane around the globe, countries will look more to oil and distillate fuels to keep factories running and the heat on.
Propane inventories are at a dangerously low level of 21 percent below the five-year average. This is almost unheard of for supplies of propane to be this low at this time of year, and this is a real danger, especially to rural America, which depends on propane.
Europe made very bad decisions in its rush to get more carbon-neutral without thinking of the longer-term consequences.
Its leaders also made a huge mistake relying more on Russia and their state-owned oil company Gazprom to supply Europe with natural gas.
They didn’t remember Russia’s track record of withholding supplies from places like the Ukraine and Yugoslavia and its tendency to use energy as a political weapon.
Now Europe and the United States are accusing Russia of manipulating natural gas supplies for their own benefit. Russia is rebuilding its inventories while allowing the rest of Europe’s inventories to fall, putting them at a distinct economic and geopolitical disadvantage going into winter.
These shortsighted decisions by Europe caused the price of natural gas to go to record highs, and that is now the equivalent of $150.00 for a barrel of oil.
This is hurting their economy and is causing factories and fertilizer plants to shut down, which is therefore causing shortages of goods that would normally be made with oil and natural gas in those shut down factories.
They have shortages of CO2 that puts the fizz in your soda and is used in agriculture for meat production and used to cool nuclear plants.
If this situation gets worse, it may impact the supplies of food and shortages of thousands of petroleum-made products that everyone uses every day but takes for granted. For example, everything that’s made with plastic, nylon, steel. The list goes on and on.
Imports of oil from Russia to the United States have hit all-time highs. We are more reliant on Russia because we cannot get as much supply from our oil producers here in the U.S.
Biden’s drilling moratoriums, discouragement of investment in the U.S. oil and gas sector, as well as the demonization of the oil and gas industry, are putting the U.S. on the verge of an energy crisis at home unless action is taken now.
See more here: climatechangedispatch

https://principia-scientific.com/heating-costs-may-triple-as-nat-gas-propane-shortage-looms/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+psintl+%28Principia+Scientific+Intl+-+Latest+News%29
Thanks to: https://principia-scientific.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum