Winter is coming: German agency head warns of gas shortages, bankruptcies, and massive price hikes that will send ‘shockwaves throughout the country’

A gas shortage and high prices will send “shockwaves through the country,” leading to landlords cutting the heat for tenants and widespread company bankruptcies, warned Klaus Müller, the head of Germany’s Federal Network Agency, which is the regulatory office for electricity, gas, telecommunications, postal services, and railway markets.

Müller paints a bleak picture about the crisis in an interview with German newspaper Rheinische Post, saying it will “send shockwaves throughout the country. Banks will ramp up their business with installment loans, and ailing companies will fall into insolvency.”

Müller’s office, which is a federal agency within the Federal Ministry for Economic Affairs and Climate Action, has a bird’s eye view of the economic situation in Germany and also special insight into how economic conditions will develop into the future.

Every country needs to be energy independent.

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It’s actually 100% green energy that could destroy the planet

The untold story about “green energy” is that it can’t possibly be scaled up to provide anywhere near the energy to replace fossil fuels (unless we are headed back to the stone ages, which is what some of the “de-growth” advocates favor).

Right now, the United States gets about 70% of its energy from fossil fuels. To go to zero over the next 20 years would be economically catastrophic and cost tens of millions of jobs. With gas prices at nearly double their price back from when Donald Trump left office and inflation up from 1.5% to 8% in just 15 months, we are already experiencing the economic damage from the green energy crusaders.

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The Naked Truth about Energy Transitions

Energy sources have historically taken decades to transition from old methods to new technologies. Changes were driven by visionary entrepreneurs coupled with evolving public demand.

The transition from horses and buggies to automobiles took 50 years. Even in that long time span, this evolution was not always beneficial to individuals or communities. There were pros and cons on both sides. “Before city dwellers complained about cars, smog, congestion, and the loss of public space, they railed against stinking, fly-ridden horse crap.”

The difference between the 19th century and the 21st century is that new energy technology slowly grew in popularity while capitalism fueled the desire for a better life. Now Americans are suffering during Biden’s presidential term, and the wounds are self-inflicted. Politicians and regulatory bureaucrats are purposely destroying our energy independence while pretending their policies have nothing to do with issues of inflation, shortages, and possible rationing. They are misdirecting blame to Putin and COVID-19, but they know better. Biden and his cohorts are deliberately weakening our country for what seems like a blend of Marxist-green ideology. They even think our pain is funny.

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Six million Brits could face power cuts this winter with Government planning electricity rationing

Ministers have reportedly been warned of potential power cuts to as many as six million households this winter, with the Government drawing up plans for rationed electricity if supply issues deteriorate.

According to The Times, Government modelling of a “reasonable” worst-case scenario predicts major gas shortages in winter if Russia cuts off more supplies to the EU.

The paper writes limits could be imposed on industrial use of gas, including on gas-fired power stations, causing electricity shortages.

As a result, six million homes could see their electricity rationed, primarily during morning and evening peaks, in curbs that may last more than a month.

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The Day the Electricity Died

Imagine one of your kids freezing to death in your home. Eleven-year-old Cristian Pineda’s mother found her son dead during the Texas blackout in February 2021. Or you have a power outage for three days, losing a couple of hundred dollars worth of food because your refrigerator didn’t work, as Michelle Jones did last summer. The food she had just bought to feed herself, her daughter, and her granddaughter spoiled without electricity.

This is likely to become all too common in the future.

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Rising Gas Prices Could Lead to Rationing, Expert Warns

Gas prices have continued to rise in recent days. This week in California it reached a new record average of $6.02 per gallon, leaving the other states behind and affecting the national average, which already exceeds $4.5 per gallon.

According to the American Automobile Association (AAA), California fuel prices two days ago were between $5.72 and $6.76 per gallon in that state. According to AAA data, all states have now averaged above $4.00 per gallon. The increase is mainly due to the high cost of oil, which is around $110 per barrel.

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Gas stations in Washington reprogram pumps to prepare for $10-a-gallon fuel as Bidenflation sends average price soaring to $4.57 – almost twice the $2.41 during Trump’s final month

A spokesperson for ’76’ gas stations confirmed that the national chain has begun reconfiguring its pumps to ‘make room’ for the possibility of double-digit prices, The Post Millennial reported.

The spokesperson for ’76’ did not comment on whether the company is expecting prices to reach $10.00-a-gallon, The Post Millennial said.

Meanwhile, other gas stations in the state have begun running out of gas as supplies become crunched, with reports saying at least 10 stations have run dry.

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Time for Canada to commit to nuclear power

It’s been a rollercoaster ride for the energy industry lately. Volatile fossil fuel prices and supply chain disruptions have forced governments to take a hard look at domestic energy security – something that has been taken for granted for many years with ever-increasing globalization. These difficulties come as countries are taking steps to tackle the climate crisis. This opens the debate on how to balance concerns over emissions, fuel costs and geopolitics.

Canada is not immune to these worldwide problems. Although we are lucky to have an electricity system that is more than 80 per cent low-carbon and generated from domestic resources, including uranium mined in Canada, our energy system overall is still heavily reliant on fossil fuels. Transportation, buildings and industry are still mostly powered and heated by oil and natural gas, a significant portion of which is imported.

Countries have been forced to publicly reconsider their positions on nuclear power, which in many cases has been based on politics rather than economic and climate policy. Governments that once suggested they were finished with nuclear power are now admitting that such statements were premature.

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Vast swath of U.S. at risk of summer blackouts, regulator warns

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply-chain woes strain the electric grid.

Power supplies in much of the US and part of Canada will be stretched, with demand growing again after two years of pandemic disruptions, according to an annual report. It’s among the most dire assessments yet from the North American Electric Reliability Corporation, a regulatory body that oversees grid stability.

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Saving America from Planet-Threatening Fossil Fuels

Shortly after reaching the White House, President Biden ended Keystone XL pipeline construction and began working with congressional Democrats, environmentalists and bureaucrats to impose leasing and drilling moratoriums, slow-walk permits, pressure financial institutions to deny funding to fossil fuel companies, and implement “social cost of carbon” rules, “environmental justice” programs, “windfall profit” taxes and other policies to close down fossil fuel projects and bankrupt companies.

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