Natural gas shortage this winter
Posted: Fri Oct 08, 2021 8:56 am
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.
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.