Ukraine stops exporting electricity to EU tomorrow. This is another blow to the #EnergyCrisis that is already affecting food production (and will be under-reported amidst the fireworks)

Another pipeline damaged — “Accidental” — just like all those food processing plants and refining facilities.

#eu #EnergyCrisis

https://www.cnbc.com/2022/10/12/druzhba-poland-says-leak-detected-on-russian-oil-pipeline-accidental.html

China stops exporting natural gas - cuts off sales to Europe (where they are already shutting down greenhouses because gas prices are too high):

https://news.yahoo.com/china-stopped-sales-lng-europe-103248207.html

#EnergyCrisis

Germany: gas prices to rise ANOTHER 38%

#EnergyCrisis

https://www.rt.com/news/564795-germany-hospitals-bankruptcy-lauterbach/

Empty Shelves as Inflation Leaves Products Unprofitable

“Not only Mars [who worked hand in hand with Rockefeller Foundation on "Reset the Table”], but also Coca Cola [WEF partner] or Procter & Gamble [WEF Partner] are currently trying to ride the wave of inflation with excessive price demands in order to increase their returns,” a spokesman for the Edaka chain of supermarkets claimed.

The official went on to claim that a number of major companies have now halted deliveries to the chain, something that they alleged is being used to put pressure on supermarkets.

[IceAgeFarmer: the Rockefeller/WEF partners are squeezing you as hard as they can.]

——

Products ranging from Kellogg’s cornflakes to Coca Cola have disappeared from supermarkets throughout Germany, with many shops being left with empty shelves as products become simply unprofitable to sell due to differentials in inflation.

It comes as overall inflation hit 10% in the country in September, with EU-wide inflation for the month falling just short of 11% as a result of the ongoing #EnergyCrisis, which has in turn hiked the cost of food and other essential goods.

Retailers in the country however have strongly resisted this, with one supermarket chain in the country going so far as to accuse major companies of “price gouging” and “usury”.

“The situation in the industry is critical to catastrophic,” Federal Association of the Food Industry general manager Christoph Minhoff remarked regarding the feud, which has seen some individual rows even reportedly ending up in court as companies are unable to come to a compromise.

As a result of these ongoing hostilities between supermarkets and producers, a wide variety of well-known brands have disappeared from supermarkets throughout Germany, leaving many shops with empty shelves.

The likes of Coca Cola, Pepsi, Snickers, Kellogg’s Cornflakes, Milka Chocolate, Ritter Sport chocolate, Wrigley’s chewing gum, along with many other products ranging from mayonnaise to pet food have all been affected, though availability reportedly varies between supermarket chains.

#FoodPrices #FoodShortage #Retail

(source)

EU nations are jumping ship on climate commitments as the #EnergyCrisis gets real and winter hits.

First France this morning and now the Netherlands are exiting agreements …

It’s amazing how fast these charades disintegrate upon contact with reality, just as the ESG narrative is crumbling when profits weren’t there.

EU: energy CEO reveals Europe experiencing regional shortages of diesel, heating oil, jet fuel.

#eu #EnergyCrisis #AbsoluteZero

US diesel shortage: we’ve been hearing this for months but now suppliers are actually putting out alerts:

—
US diesel shortages are spreading along the East Coast amid a ban on imports from Russia, raising fears of further surges in prices for the fuel as consumers brace for the winter heating season.

Mansfield Energy, one of the nation’s major fuel distributors, instituted emergency measures on Tuesday and warned its customers that carriers were being forced to visit multiple terminals in some cases to find supplies, delaying deliveries.

“In many areas, actual fuel prices are currently 30-80 cents higher than the posted market average because supply is tight,” said Mansfield.

With shortages spreading from the Northeast to the Southeast, the company advised customers to give 72-hour notice for their orders to avoid having to pay above-market prices:

(source)

Open Thread: what are you seeing in your area?
- iceagefarmer

#EnergyCrisis #usa

With only ~20 days of US supply remaining, Diesel, along with heating oil, aviation fuel and kerosene, headed towards record prices.

“The economy runs on diesel,” said Cinquegrana. “Think of everything you buy in the store, it was brought there by trains and trucks. Construction works, etc. High diesel prices could slow down economic activity. Prices are down from all-time highs in mid-June, but not enough to allay concerns.”

“There’s not a lot that can be done to prepare for very tight diesel supplies, so this is going to be a serious problem. I think the White House is monitoring it, but I don’t see a lot of levers they could pull that could really affect prices because it’s a global issue.”

But you can — and should — get prepared personally.

#usa #EnergyCrisis

https://localtoday.news/ut/how-a-diesel-shortage-could-cripple-the-us-economy-2-56529.html

US: Lawmaker warns of impact from diesel shortage, rail strike after election

Wisconsin Rep. Bryan Steil says that the economy could take a dual hit after the election if diesel shortages persist and rail unions strike as promised.

“weeks after President Biden told us that he had this all under control, and the trains would be running on time, We're now learning it's anything but that. It's another game where the Biden administration has kicked the can down the road and kicked it past this election."

Steil said the impact of the railroad strike could be exacerbated by ongoing shortages of diesel fuel, which power everything from tractor trailers to harvesting tractors.

"The shortages that we're seeing around the country is concerning," Steil continued. "But it's all the more concerning that we have policies coming from Biden and from Pelosi that are putting us in this position in the first place."

#diesel #EnergyCrisis #us

https://justthenews.com/politics-policy/energy/wed-wisconsin-rep-warns-economy-may-face-double-whammy-after-election-due

France trying desperately to restart nuclear reactors, but labor union strike delaying maintenace!

France generates roughly 70% of its electricity from a nuclear fleet of 56 reactors, all operated by EDF. However, many of them have been closed down for maintenance, some due to corrosion-related issues. Currently, only 31 units are reportedly operating. EDF has pledged to restart all shutdown reactors before winter to avoid power shortages in the country.

However, since October 6, there have been strikes among EDF employees involved in repair work at 19 reactors, delaying maintenance by several weeks.

Last month, the French national electricity grid operator RTE warned that it would not rule out the risk of blackouts this winter due to prolonged strikes halting the repair.

[this announcement, as it is revealed that UK was running drills about managing extended blackouts and resulting crises … it is clear what is planned for the #EnergyCrisis]

- iceagefarmer

src: https://www.bignewsnetwork.com/news/273030702/france-to-restart-nuclear-reactors---energy-ministry

Germany Backstops Commodity Traders as War Drives Resource Dash

[ IAF: This is basically akin to nationalizing the entire commodities market — so long free market as we dash towards #AbsoluteZero carbon agenda! ]

Germany is offering loan guarantees to commodity trading houses to buy energy and key metals, as Russia’s invasion of Ukraine sparks a global scramble for resource security.

Trafigura Group, the world’s biggest trader of copper, has already agreed to supply German customers with non-Russian metals for the next five years, helped by $800 million in bank credit that’s ultimately guaranteed by the German government. The trading house is now discussing a similar deal for liquefied natural gas, according to people familiar with the situation, and commodity bankers are pitching more deals that would have state guarantees to other traders. [Yeah, I’m sure the bankers would love to pitch many deals with all risk pushed to sovereign! ]

- iceagefarmer

src: https://www.bloomberg.com/news/articles/2022-11-02/germany-backstops-traders-in-war-driven-dash-for-commodities?leadSource=uverify%20wall

#EnergyCrisis #EU #Germany