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Everything posted by Junior

  1. Microsoft Word - ecd-letter to un.docx (clintel.nl) Thats funny, I thought there was a consensus. Did they lie to you? Might want to read some scientific articles here instead of relying on CNN. Friends of Science | Providing Insight into Climate Change
  2. I have already showed you. Stupid policies implemented by the left are leaving blackouts and sky highs energy prices. Then the supporters of these stupid policies give mass coverage to what could be a silly statement(quite possibly taken out of context but possibly stupid as I didn't bother reading the article) and try to cover up the results of their stupid policies. Bottom line: You are going to be paying a lot more in your life for energy because of the supporters of the green new deal type policies, while whatever the statement was about boats will not affect you at all.
  3. The frauds are out in full force. The warmth is explained by man made global warming: https://www.google.ca/amp/s/www.bbc.com/news/science-environment-57676695.amp Meanwhile, watch the end of the associated video. The near record cold is due to man-made global warming. https://www.google.ca/amp/s/www.theweathernetwork.com/ca/amp/news/article/coldest-place-on-earth-just-saw-its-second-chilliest-winter-on-record-antarctica Dare to question this? You are a racist. https://www.google.ca/amp/s/www.washingtonpost.com/climate-solutions/2020/06/29/climate-change-racism/%3foutputType=amp Worried about skyrocketing costs for energy or blackouts? Go to bed little child and help save the world. Maybe we will give you enough tax money to make you look the other way; and get ready to have steak replaced by insects. https://www.google.ca/amp/s/www.farminguk.com/news/amp/prince-charles-calls-on-public-to-reduce-meat-and-dairy-intake_59119.html https://time.com/5942290/eat-insects-save-planet/
  4. Definition giving away royalties to a socialist: The money was given to the people with lower taxes so they could have the money. What the socialists think would be a better example of how that money could be spent: As is being done federally by having higher taxes to pay people to not work.
  5. An interesting quote from the above article: "As the world moves away from nuclear energy and fossil fuels, there will be growing demand for flexible sources of power that are be able to respond to the peaks and troughs of intermittent renewable energy. And those will not always be clean. “We’ve seen it in Australia very prominently,” said Catachanas. While renewables have a place in Australia, coal still provides 70% of its energy mix. This "comes as a result of renewable power generation not being able to be relied on sufficiently by the grid, so they turn to coal, which is more emmisive, more costly, and less efficient," Catachanas said." So Australia wasn't stupid enough to buy into the malevolent man-made global warming frauds who have been demanding they drop coal suddenly and go to renewable to feel good about themselves. You can read an article here detailing how they refused to give in to pressures from the UN, the UK, etc and they don't face an impending crisis(this article by the way is by a fraudster trying to tell Australians what their duty is). https://thehill.com/opinion/energy-environment/571958-australias-duty-to-the-world-stop-mining-coal I'm all for slowly phasing out coal as it does create real pollution(which is not life-giving CO2). But not with child-like thinking of replacements like wind and solar. It has to be reliable energy. You got scammed, by people with ulterior motives.
  6. This is what happens when the stupid people get into power....voted in by their stupid voters. They are the ones that call people like me flat earthers and luddites for warning you that they are a scam. Maybe this will get bad enough and be in the news enough to stop the stupid people from voting for these policies. I have noticed that a large percentage of our society has to learn things the hard way. What a modern energy crisis looks like and why no country is safe BY SOPHIE MELLOR September 25, 2021 5:00 AM EDT Call it what you will, the energy market news coming out of the U.K. paints a dystopian image of what happens when an economy, making the righteous transition to affordable, clean, renewable power, has to turn to pricey gas to keep moving forward. As the effects of the energy transition ripples across every corner of society, Britain's experience is a cautionary tale for the rest of the world, an example of what can—and very likely will—go wrong as countries around the globe stumble on their transition to green energy. China has already warned food security could be impacted as skyrocketing coal prices affect fertilizer supplies. In the EU, the consumer impact of the power crunch has already had political reverberations as electricity bills soar in the face low gas reserves ahead of the winter. But it's the U.K. where the pain hurts the most. The domino effect that led to the U.K.'s current pain started with a cold spell. After the chilly winter of 2020 to 2021 saw the U.K. and much of Europe draw down its energy reserves, the world began to emerge from the COVID-19 pandemic. Coming out of their slumber, Europe and Asia began to compete for the limited gas supplies of the U.S., Norway, and Russia—all of whom were refilling their own reserves. Not surprisingly, gas prices rose, with prices on the spot market climbing by 400% since the start of the year, while electricity prices have jumped 250%. As gas costs started to eat into profits, firms that couldn't afford this spike began shutting down. In the fertilizer industry, two large U.K. factories owned by U.S. firm CF Industries Holdings have temporarily closed up shop, and Norwegian firm Yara has also cut production at a number of its European sites. That in turn has led to a shortage in carbon dioxide, a by-product from fertilizer production that is used to stun animals before slaughter, and a shortage of dry ice to cool foods in storage and transit. And that in turn has put the U.K. supermarket supplies of chicken and ham, fizzy drinks and ice cream in jeopardy. In just one example, online grocer Ocado Group stopped supplying frozen food to U.K. customers because of the dry ice shortage. "[We] are on a knife-edge situation," said British Poultry Council chief executive Richard Griffiths. Many in the energy industry are quick to say that this period of high prices will pass and things will soon return to normal. They avoid using apocalyptic terms like “energy crisis" and instead suggest that the price hikes reveal the flaws of the market-based U.K. energy system that has found itself heavily dependent on the same gas that it has been attempting to wean itself off of. But there are plenty of reasons to believe that this energy crunch is not a one-time show. “This phenomenon is happening around the world as we continue to increase the penetration of renewables, which is what we want. And we need to continue going down that path," said Anthony Catachanas, CEO of Victory Hill Capital Group, an asset manager that owns a portfolio of gas plants that are turned on at times of peak electricity use—known as peaker plants—for very high prices. The energy transition won’t be a smooth one but “a zigzag line," said Joost Bergsma, head of renewable energy fund manager Glennmont Partners. "The direction will not change, there will always be more renewables on the system, but people have to be aware of the risks and the volatility issues of getting to that higher point,” he said. In the past, the U.K. relied on its own North Sea gas reserves to provide energy at a moment's notice, with little of the need for gas storage that the rest of Europe has. But as its production slowed, the country ramped up its renewable output to maintain its energy independence. This boom in renewables—especially from offshore wind in the North Sea—has meant that the U.K. has made fast progress in cutting coal combustion, with a record-breaking two coal-free months recorded in the summer of 2021. The problem is that as the U.K. mothballed coal plants, the country became more dependent on the international gas spot market as its sole flexible source of power generation to fill in when its normal sources fell short. When gas prices were low and the wind was generating a solid 25% of the U.K.’s energy make up, which it did on average across 2020, no one seemed to notice this issue. But as soon as North Sea winds slowed as they did this summer—dropping production to only 7% of the country’s energy makeup—international gas prices soared. And security, affordability and emissions all suddenly became very important. The surprise and shock shown by governments in the face of these price spikes is a bit disingenuous to the eye of some in the industry, who see instead a lack a planning by leaders who are happy to accept low prices when they're offered but unwilling to pay for the plans to mitigate the spikes that inevitably follow. “Shocker. Volatile prices are volatile. They go up and down,” said the head of an energy financial advisory firm who asked to remain anonymous. He asked, if countries really wanted stable prices, "then why do you encourage the most volatile price determination?” Taking into account the phase-out of coal (and nuclear power) in the U.K., volatile gas, however expensive, is simply still necessary. "This is perfectly expected. This is the natural consequence to what the energy mix is,” said Catachanas of Victory Hill, the asset manager that owns gas peaker plants. "We have smiles on our faces at the moment," he noted, as gas-fired power generation is being brought in to balance the grid. For Catachanas, the energy "crisis" is really a matter of "anticipation"—or the government's lack thereof. Regardless of whether the market is working as intended or the spikes are predictable, the U.K. government is scrambling to figure out who will bear the brunt of the cost. Should consumers pay higher electricity bills as wholesale prices climb? At least four energy companies, who joined the electricity distribution market in recent years have gone bust since the beginning of August, unable to keep up with the global spike in wholesale gas prices. (Fortune’s London-based correspondent's own renewable energy-focused electricity provider Bulb is also rumored to be going under.) “I do have sympathy for consumer prices, but at the same time there has to be some balance. You can't force supplier companies [to eat] higher input costs," said Bergsma of Glennmont Partners. "The lesson is, it is a shared responsibility between the consumer, supplier, and the government.” Unfortunately, this is most likely to impact poorer income households. According to Reuters data, in 2019 and 2020, the households in the lowest income decile spent almost three times as much on gas and electricity as a proportion of their total spending, compared to those in the highest decile. And U.K. consumers are not the only ones facing energy price spikes. Spanish Prime Minister Pedro Sánchez has announced a temporary tax cut and a reduction in extraordinary profits made by energy companies to help consumers in the country. The Italian government has spent €1.2 billion to cut the increase in energy prices for households, with its Prime Minister Mario Draghi pledging another €3 billion to help consumers in the coming months. France has already announced a €100 subsidy for almost 6 million low-income households. The U.K. is an extreme example. It has seen a rapid influx of renewables over the past decade while its energy system's peak needs are still centered on the gas market. But this is a global issue, one with a lesson for countries around the globe as they begin the energy transition: one failure can collapse a system without sufficient backups. “[This problem] is not entirely isolated to Europe,” says Bergsma of Glennmont Partners, pointing to a recent crisis in Texas where a severe winter storm battered inadequately insulated natural gas infrastructure and froze wind turbines. Texas has the largest renewable power generation of any U.S. state. As the world moves away from nuclear energy and fossil fuels, there will be growing demand for flexible sources of power that are be able to respond to the peaks and troughs of intermittent renewable energy. And those will not always be clean. “We’ve seen it in Australia very prominently,” said Catachanas. While renewables have a place in Australia, coal still provides 70% of its energy mix. This "comes as a result of renewable power generation not being able to be relied on sufficiently by the grid, so they turn to coal, which is more emmisive, more costly, and less efficient," Catachanas said. For now, security of supply is still safe. "I don’t see a reason for blackouts, because there are more than enough sources of electricity supply. It’s just going to be expensive,” says Carlos Torres Diaz, head of gas and power markets at energy research firm Rystad Energy. But as long as natural gas continues to stay the extremely volatile commodity it is, soaring gas prices and shortages will continue—and likely grow. https://fortune.com/2021/09/25/what-a-modern-energy-crisis-looks-like-and-why-no-country-is-safe/
  7. It is a good question. I don’t have anything definitive but I have had a theory that one of the main vectors of this disease has been kids unaware they are infected. Workers at residences near me appeared to be new Canadians, which tend to have larger families. Worker goes home, hugs the kids(and kids are more likely to be out playing), gets Covid(which is contagious before becoming symptomatic) and spreads the disease. My point: the kids are a key spreading point. I suspect Nunuvut has plenty of asymptomatic Covid in its children(which are a very high percentage of the population) without them really being aware while adults have been vaccinated at a high rate protecting them. Locations can be remote there. Maybe testing is difficult leading to a lot of undetected Covid. In addition, with so many kids playing together, the disease may have swept through already in the under 12’s and be mostly over and done with. But just a theory.
  8. That is what happens when the left is in charge.
  9. A good example of why prices are going up: The stupid people in control as elected by stupid people. Why California is shutting down its last nuclear plant (msn.com)
  10. How about this little gem of a headline: So now we better be praying for some man-made global warming to prevent a crisis created by the frauds who came up with the man-made global warming scam that so many bought into. Oil could surge above $100 in the event of a cold winter - and spark inflation that drives the next macro crisis, BofA says
  11. Don't you love how you are intentionally mislead by the frauds(such as CBC). They tell you how the fossil fuel industry got 18 billion is subsidies last year. Of course, one assumes that this is your money going in grants to them. Then you read the details put forth by the frauds and see that CEWS is in there, something that was given across the board to virtually all businesses. "Thursday's report says that Export Development Canada (EDC) has given the most financial support to fossil fuel companies, accounting for $13.6 billion of the money they received. That sum includes supports for projects like the Trans Mountain Pipeline Expansion project and the Coastal Gas Link pipeline. EDC said in an email it offers financial services like loans, equity and insurance to the oil and gas industry — not subsidies." Folks, ignore the frauds, they are intentionally misleading you. The inevitable result of being foolish enough to believe the frauds: much higher expenses and blackouts.
  12. Have you ever noticed that those on the left are everything that they accuse others of. Whether it is racism or being anti-democratic. Accusations that Facebook swung the 2016 election in favour of Trump when it was really 2020. Hunter Biden story proves media partisanship After four years of hyperbolic claims that Facebook determined the 2016 presidential election, we now know that social media may actually have swayed the 2020 results. This week, Politico reporter Ben Schreckinger confirmed for mainstream audiences what objective political observers have long known: Hunter Biden's emails, which the New York Post published on the eve of last year's election, are genuine. The emails suggest Hunter was trading access to and influence from his father abroad in return for money. Specifically, they indicate that in 2015, Hunter secured a meeting with his father for a Ukrainian businessman working for the energy firm Burisma, which was paying Hunter $50,000 a month even though he had no energy experience. Then-Vice President Joe Biden subsequently convinced Ukrainian officials to fire a prosecutor investigating the company (in Biden's partial defense, here, the prosecutor is widely believed to have been corrupt). Other emails from 2017 suggest Hunter was involved in a deal with a Chinese energy company known as CEFC that would see Hunter hold a 10% equity stake for his father. Hunter claimed a deal with this Chinese company, which the emails indicate would pay him $10 million per year for "introductions alone," was "interesting to me and my family." If more Americans knew more about these potential quid pro quo business arrangements, this October surprise could have flipped the sliver of the electorate - a mere 44,000 votes in Arizona, Georgia, and Wisconsin - that Trump needed to win a second term. Yet in an act of brazen political censorship, Facebook and Twitter closed ranks around Democrats immediately after the story broke and restricted distribution of the reporting, impeding the roughly half of Americans who get their news from social media from seeing it. Twitter didn't allow the story to be shared - even in direct messages. It locked the New York Post - one of the nation's oldest and most-read newspapers - out of its account entirely for two weeks. This social media censorship gave the mainstream media time to get out ahead of the story by promoting the deep state fiction that the emails were "Russian disinformation" despite no evidence for this narrative. The Russian disinformation angle allowed the media to pretend it was doing its minimal duty to cover the news without reporting the actual email contents. It succeeded in shifting the story from foreign influence peddling to Russian election interference. The Biden campaign was able to avoid deserved press scrutiny. Celebrated journalists such as Christiane Amanpour, Wolf Blitzer, Ken Dilanian, and Leslie Stahl ignored the emails' contents, citing their supposed lack of verification. Other high-profile mainstream press coverage, including in the Associated Press, New York Times, Washington Post, and Los Angeles Times, was supportive of Facebook and Twitter's suppression of the story, highlighting the need to contain Russian disinformation. NPR managing editor Terence Samuels released a statement that the public broadcaster wouldn't cover the emails, claiming, "We don't want to waste our time on stories that are not really stories." PBS's Judy Woodruff suggested President Donald Trump's "personal attorney was peddling Russian disinformation." Pulitzer Prize-winning journalist Glenn Greenwald was forced to quit the Intercept, the publication he co-founded after breaking the Edward Snowden archives, because it refused to publish his reporting that deviated from the party line. It's impossible to know whether reporting on these emails would have influenced enough voters to change the election's outcome. What is clear, however, is that we can't trust much of the media to put objectivity over partisan interests. In fact, as Greenwald has argued, the legacy media has ironically become a leading purveyor of political misinformation it claims to oppose. Mainstream journalists are the loudest supporters of more online censorship, ostensibly to curtail misinformation. Yet they are often among the most consequential perpetrators of fake news. Their response to Hunter's emails is merely one example. Free independent media, absent any political censorship, is more critical than ever. It is needed to challenge a social and mainstream media-Democratic Party complex that has the power to determine political outcomes. Jordan Bruneau is a political writer in Los Angeles.
  13. That is the message from the left folks. Ignore the stupidity of getting rid of your reliable energy sources(like nuclear). The blame can be put elsewhere, like those evil capitalist corporations. How dare they make a profit. Shut them down and then put some of the blame on capitalism and the corporations.
  14. Helping plan a rally doesn't mean helping commit a crime of entering congress illegally. But those on the left will desperately try to tie the two together to put their opponents in jail. Kind of like what happened in the past. Then again, I suppose making up a story and following through about collusion with Russia to take down a presidency could be considered as treason.
  15. Funny how those who support this incredibly stupid transition to renewables keep feeding you false information. In the good old days, they had reliable backups power generation. But those on the left demand that they be shutdown and that you are a terrible person for opposing it. Energy crisis forces EU ministers to face up to reliance on natural gas | Energy industry | The Guardian "Since the start of the year, wholesale gas prices in Europe have risen by 250%, the result of a complex cocktail of economic, natural and political forces. Globally, demand for energy has shot up, as China and other major economies bounce back from the pandemic. In Europe, a cold winter and frigid spring depleted gas reserves, while a long spell of still days reduced wind power supply to the grid."
  16. Afraid not. But someone decided to say that I was on another thread, among other names. So, I thought I might run with one or more of them. Why do you ask?
  17. And we have the wonderful example of the left when it comes to management of energy. The socialists took over Venezuela and turned it into a disaster. Of course it is about profit. And when stupid lefties do stupid things like Germany closing their nuclear plants(among other plants closed while lefties insisted on wind power and solar instead of the intelligence of natural gas) without a replacement, Europeans start to freeze. That is not unbridled capitalism, that is unbridled stupidity. They voted for it, It may very well turn into a good example of why we shouldn't listen to a certain person and their type of thinking on this forum.
  18. I suspect that someone running an energy company in the manner you suggest would be bankrupt. Anyways, my energy stocks are paying big dividends(like Enbridge) and most of them are going up, with only one exception. Will help pay for rising costs. Too bad so many on the left have left us more exposed to the Russians. Little investment in the oil patch these days to offset those Russians and OPEC. And now we even have someone admitting that our economies could be hurt by the Russians. Would have been a lot less likely with Trump and Harper. Get ready for big financial losses in your overall wealth due to the left. Big inflation, a lot less money coming into this country with rising energy price than could have been, and absolutely no change in the climate trend. You fools voted for it.
  19. Correct. Unlike governments run by left wingers, companies don't typically throw good money around frivolously.
  20. I mean the west as in western civilization where multiple countries are voting themselves into destruction. Junior: Who has a finely tuned compass with no internal errors.
  21. Welcome to the world of the stupid people(ie our world of voters in the west who actually believe pie in the sky political scams). Surging gas prices are the 'transition premium' in the push toward renewables, OPEC chief says Surging gas prices are the 'transition premium' in the push toward renewables, OPEC chief says I have talked about a new premium that is emerging in the energy markets that I term the transition premium," Mohammed Barkindo told CNBC's Dan Murphy at the Gastech conference in Dubai. Global gas prices have tripled this year alone, sending ripples through markets and raising concerns that prices of the commodity will only continue to rise. DUBAI, United Arab Emirates — Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday. "I have talked about a new premium that is emerging in the energy markets that I term the transition premium," Barkindo told CNBC's Dan Murphy at the Gastech conference in Dubai. The long-time head of the oil cartel criticized what he believed was an overly emotional approach to energy policies and climate change, though he did not point a finger at specifically who was to blame for what he described as a "misrepresentation of facts." Barkindo contended that there was "distortion of facts and the science, and the misrepresentation of these facts in the conversation, which is not healthy, because climate change and the energy transition are supposed to be guided by the science." "The intergovernmental panel on climate change is supposed to be the most authoritative body with regard to both climate change and the transition," he said. "And we in OPEC believe they are doing a great job, they are producing very very important, seminal reports, but unfortunately these reports are being set aside and the discussions ensuing at the moment, more or less being driven by emotions rather than the great work that this scientific body is producing for all of us." Tripled gas prices The OPEC chief's words reflect a growing debate among policymakers and energy executives about the future of energy, renewables, and the climate. Many governments around the world and particularly in the West are pushing for a shift away from fossil fuel use, while those in the industry argue that a rapid transition attempt will disrupt markets, harm consumers, and is ultimately unrealistic. Global gas prices have tripled this year alone, sending ripples through markets and raising concerns that prices of the commodity will only continue to rise. The roots of the price increase lie in higher demand and lower supply, as higher summer temperatures in the U.S. stoked demand for air conditioning, and longer periods of cold in the U.K. other parts of Europe in the spring meant increased needs for heating. This has all led to lower gas supplies for the coming winter months, meaning we are likely to see a greater squeeze on supplies and higher prices to come. Gas prices had remained very low since the onset of the coronavirus pandemic, at around $2 per one million British thermal units, or mmBtus. But the reopening of economies and restart of travel as vaccination campaigns expand have jolted demand upward. 'A burden on many countries' United Arab Emirates Energy Minister Suhail Al Mazrouei, speaking to CNBC at the same event, contended that while gas prices appear high, they came from a very low level to begin with. "It was coming from a very low environment," Al Mazrouei said of the gas price situation. "I think the current prices, if they continue they will be a burden on many countries and will not see the demand side on a longer term be ready to take such prices." The energy minister said that "the right balance is the balance between the affordability of the consumers and the fact that we are seeing a reasonable return for the developers and the producing countries," but added, "We're not there yet." The costs, regulations and financing needs surrounding new energy projects are a barrier to any return to lower prices, Al Mazrouei noted. "This is a situation that is responding to a low gas environment that happened before," he continued. "Now, what is sustainable, I think the market will dictate it. There are challenges, financing new projects, especially for the IOCs (international oil companies), and we need to have a realistic view on easing such restrictions for them to finance new projects." "That's what I think we will be discussing between the industry, the companies and the consumers and some of the developers as well, and hopefully, during the discussions of the event, they could announce new projects that could balance the prices in the future," he added.
  22. Why are so many people so stupid. They believe the lies of the malevolent left and look what happens. They have spent years demonizing skeptics like me who think things through rationally instead of emotionally. Let the European fools learn the hard way. Maybe it will save me from the stupidity over here. Even the conservative party in the UK bought into the climate change scam. Any fool should be able to figure out that when the global warming scammers, who were saying that our kids would never see snow, start blaming the cold snaps as evidence that it is getting warmer , that this is a complete fraud. Yet the fools continue to accept and vote for massive economic damage. Years ago, under the name Woxof(who was banned by the lefties who ran the board at the time), I called this the Scam of the Century. Nothing has changed. Europe Faces Bleak Winter Energy Crisis Years in the Making - Bloomberg Europe Faces Bleak Winter Energy Crisis Years in the Making Europe is bracing for a tough winter as an energy crisis that’s been years in the making leaves the continent relying on the vagaries of the weather. Faced with surging gas and electricity prices, countries from the U.K. to Germany will need to count on mild temperatures to get through the heating season. Europe is short of gas and coal and if the wind doesn’t blow, the worst-case scenario could play out: widespread blackouts that force businesses and factories to shut. The unprecedented energy crunch has been brewing for years, with Europe growing increasingly dependent on intermittent sources of energy such as wind and solar while investments in fossil fuels declined. Environmental policy has also pushed some countries to shut their coal and nuclear fleets, reducing the number of power plants that could serve as back-up in times of shortages. “It could get very ugly unless we act quickly to try to fill every inch of storage,” said Marco Alvera, chief executive officer of Italian energy infrastructure company Snam SpA. “You can survive a week without electricity, but you can’t survive without gas.” Energy demand is rising from the U.S. to Europe and Asia as economies recover from the global pandemic, boosting industrial activity and fueling concerns about inflation. Prices are so high in Europe that two major fertilizer producers announced they were shutting plants or curtailing production in the region. And it’s not just businesses. Governments are also concerned about the blow to households already contending with higher costs of everything from food to transport. As power and gas prices break records day after day, Spain, Italy, Greece and France are all stepping in to protect consumers from inflation. “It will be expensive for consumers, it will be expensive for big energy users,” Dermot Nolan, a former chief executive officer of U.K. energy regulator Ofgem, said in a Bloomberg TV interview. “Electricity and gas prices are going to be higher at home than everybody would want and they are going to be higher than they have been for about 12 years.” Europe’s gas prices have more than tripled this year as top supplier Russia has been curbing the additional deliveries the continent needs to refill its depleted storage sites after a cold winter last year. It’s been hard to get hold of alternative supplies, with North Sea fields undergoing heavy maintenance after pandemic-induced delays, and Asia scooping up cargoes of liquefied natural gas to meet rising demand there. Higher gas prices boosted the cost of producing electricity as renewables faltered. Low wind speeds forced European utilities to burn expensive coal, depleting stockpiles of the dirtiest of fossil fuels. Energy policy also played a role, with the cost of polluting in the European Union surging more than 80% this year. “Gas supply is short, coal supply is short and renewables aren’t going great, so we are now in this crazy situation,” said Dale Hazelton, head of thermal coal at Wood Mackenzie Ltd. “Coal companies just don’t have supply available, they can’t get the equipment, the manufacturers are backed up and they don’t really want to invest.” European gas inventories are at their lowest level in more than a decade for this time of year. Gazprom PJSC’s CEO Alexey Miller said Europe will enter the winter in about a month without fully replenishing its buffer stockpiles. The Russian gas giant has been pushing to start its controversial Nord Stream 2 pipeline. Europe now needs favorable weather. While forecasters say temperatures are unlikely to plunge below normal next month, expectations can always change. Similar weather forecasts did not materialize last year, resulting in a bitter temperatures that sent LNG prices in Asia to a record in January. “It may happen again,” said Ogan Kose, a managing director at Accenture. “If we end up having a very cold winter in Asia as well as in Europe, then we may end up seeing a ridiculous spike in gas prices.” In 2018, a deep freeze that became known as the Beast from the East took energy traders by surprise. This year there’s also a chance that a La Nina weather pattern would develop again. While the phenomenon can bring warm weather to Europe, it tends to send temperatures plummeting in Asia. The U.S. Climate Prediction Center said there’s a 66% chance that a La Nina pattern will return some time from November to January. That could exacerbate the fight for LNG cargoes, as buyers from Japan to India start panic buying due to fears of competition with Europe. “Unfortunately, the way the weather works, when it’s cold, it is cold: it’s cold for the U.S., it’s cold for Europe and then it gets cold for Asia,” said Snam’s Alvera, who is betting on hydrogen as the future for green energy markets. Europe will need to curtail demand if the winter is cold, Goldman Sachs Group Inc. said, predicting the region will face blackouts. There are already signs of stress, with CF Industries Holdings Inc. shutting two fertilizer plants in the U.K. and Yara International ASA will have curtailed its ammonia production capacity by 40% by next week. Shutdowns also risk hitting the food supply chain, which uses a byproduct of fertilizer production in everything from meat processing to beer. The sugar and starch industries are also affected, with France’s Tereos SCA and Roquette Freres SA warning of higher energy costs. And it doesn’t stop there. Europe top copper producer Aurubis AG said higher prices will continue to squeeze margins through the rest of the year. Even chemicals giant BASF SE, which produces most of its power, said it has been unable to fully swerve the impact of record-breaking electricity prices. Supplies are unlikely to improve significantly any time soon. Russia is facing an energy crunch of its own and Gazprom is directing its additional production to domestic inventories. Prices could stay high even if Europe ends up with a mild winter, said Fabian Ronningen, an analyst at energy consultant Rystad Energy AS. “With natural gas prices already hitting record highs in Europe ahead of rising winter demand, prices could move even higher in the coming months,” said Stacey Morris, director of research at index provider Alerian in Dallas. “There is a potential it can get worse.”
  23. Just as I expected. The parasites looked the other way(ignoring wokeism, all the destruction caused by the unnecessary third wave due to slow vaccine procurement, massive financial mismanagement, etc) to ensure their access to other people’s money. The combination of four types of people are a powerful force. 1. malevolent people (socialists are actually a small percentage of the population but quite dangerous. 2. Irresponsible people(use any reason -except the truth-to blame for their failure to get ahead in society). 3. Parasites(possibly really hate government policy but place a higher priority on continuing to access government money - eg. bureaucrats). 4. The relatively large group of people that the socialist use . They are mindlessly naive fools(who base decisions on emotion, will believe any sob story instead of accepting harsh truths, have a desperate desire to be a do gooder[although frequently in a totally hypocritical manner such as greenies flying bizjets or owning multiple aircraft/cars] and can be fooled by and believe obvious scams). And the malevolent people know it. These are the same people who created violent revolutions in the past that destroyed societies. But they now know that violence won’t work. So they have a new tactic and the stupidity of many is allowing it to work. That is why we has massive spending and woke-ism. The willingness to ruin your career opportunities or health under a policy belief of past discrimination by person A against person B justifies legalized discrimination by person C against person D. And in much of the cases used for justification, there was no discrimination but generosity(welcome to our country). To be honest, I put many of the Liberals in the fools category but are being pushed by advisors like Gerald Butts in the malevolent direction. Maybe see you at the next election to speak the harsh truth again. Woxof
  24. One can see the level of discussion they can expect from the left wing here. Keep that in mind when you vote. Vote to keep your money from the pigs at the trough sucking up taxpayers money. I said that years ago on this very forum. Few listened.
  25. Whatever, People are not interested in whatever a FIPA is. It is just another distraction from a fraud accusing someone of being for China when Trudeau has been loving them for most of his time in office. Vote out the frauds that are saddling you and tour kids with high taxes forever. People like deicer want to live off your money.
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