And It’s Not Even Winter! Europe’s Energy Supply Debacle Already Here: Painful Prices, Shortages, Blackouts
By P Gosselin on 29. September 2021
Empty gas stocks, windless days, disrupted supply lines, CO2 certificates, soaring inflation, blackouts, bitter cold and other forebode a winter of discontent across Europe.
Recently Bloomberg reported on how Europe was on the path to a severe energy crisis this winter, with risks of blackouts.
Germany’s N-TV also reports a dire picture, writing “Europe’s gas storage facilities are largely empty, and supplies are not flowing as they should.
Already surging energy prices are forcing the first companies to close factories in Europe, and German companies like BASF and copper producer Aurubis are complaining about extremely high prices for energy sources.
U.S. investment bank Goldman Sachs is warning of “almost empty gas storage facilities” and that “Europe faces an acute energy crisis.” Utilities across Europe have already announced massive price hikes.
https://notrickszone.com/2021/09/29/and-its-not-even-winter-europes-energy-supply-debacle-already-here-painful-prices-shortages-blackouts/
