Energy Prospectus

"This Is Beyond Imagination": Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter | ZeroHedge

According to Reuters, with Poland still basking in the late summer heat, hundreds of cars and trucks have already lined up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel ahead of the coming cold winter in queues reminiscent of communist times.

Read more: https://www.zerohedge.com/markets/beyon ... ing-winter

"Energy Poverty" really sucks. Europe's leaders can blame Putin, but this is really the fault of the idiots that let the Climate Wackos get them into the Paris Climate Accord. I sure hope American voters are paying attention.

When you are done with that pray for FRANCE

Macron warns "end-of-abundance" after they did every they could do to restrict supply.
My favorite story from France was when a French utility proclaimed they would not buy US frac LNG to virtue signal last year. How did that work out for you?....Sacre bleu!

https://www.theguardian.com/world/2022/ ... ult-winter

> We should have a tariff on all LNG sales to France for being assholes.

In recent years, Poland has been the most vocal critic of EU climate policy set by a petulant Scandinavian teenager, and a staunch defender of coal that generates as much as 80% of its electricity. But coal output has steadily declined as the cost of mining at deeper levels increases. Coal consumption has held mostly steady, prompting a gradual rise in imports. In 2021, Poland imported 12 million tonnes of coal, of which 8 million tonnes came from Russia and used by households and small heating plants.

In July, Poland ordered two state-controlled companies to import several million tons of the fuel from other sources including Indonesia, Colombia and Africa, and introduced subsidies for homeowners facing a doubling or tripling of coal prices from last winter.

"As much as 60% of those that use coal for heating may be affected by energy poverty," Horbacz said.