Natural gas shortage this winter

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dan_s
Posts: 37341
Joined: Fri Apr 23, 2010 8:22 am

Natural gas shortage this winter

Post by dan_s »

23% of utilities are switching away from gas this fall/winter to burn more coal.

With natgas, coal, and oil prices all soaring is a clear signal the green energy transition will take decades, not years. Walking back fossil fuels for unreliable clean energy has been a disaster in Asia and Europe. These power-hungry continents are scrambling for fossil fuel supplies as stockpiles are well below seasonal trends ahead of cooler weather.

Read more: https://www.zerohedge.com/commodities/b ... gy-insider

If you know anyone that heats their home with propane, alert them to the fact that U.S. propane inventories are dangerously low and will not make it through even a normal winter. They should fill their propane tank early and keep a few extra small tanks in reserve.
Dan Steffens
Energy Prospectus Group
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