Update on Europe's Energy Crisis - Nov 23
Posted: Wed Nov 23, 2022 9:24 am
This is just the beginning of a global energy crisis, thanks to the misguided / nonsensical energy policies of our ruling class.
"If you think the world’s energy crisis is bad right now, next winter will be worse, says the OECD" - Fortune
With millions of Americans and Europeans bemoaning the huge rise in cost to heat their homes and power their businesses during the bitter cold months, they ought to brace themselves for even worse times ahead—next winter.
“In Europe, if it is a cold winter this year, it will be complicated. But we are more concerned about next year,” says Álvaro Santos Pereira, chief economist for the Organization of Economic Cooperation and Development. “Especially in the gas markets, replacing the Russian gas is going to be a challenge.”
You all need to read this:
https://fortune.com/2022/11/22/world-en ... mes-ahead/
"If you think the world’s energy crisis is bad right now, next winter will be worse, says the OECD" - Fortune
With millions of Americans and Europeans bemoaning the huge rise in cost to heat their homes and power their businesses during the bitter cold months, they ought to brace themselves for even worse times ahead—next winter.
“In Europe, if it is a cold winter this year, it will be complicated. But we are more concerned about next year,” says Álvaro Santos Pereira, chief economist for the Organization of Economic Cooperation and Development. “Especially in the gas markets, replacing the Russian gas is going to be a challenge.”
You all need to read this:
https://fortune.com/2022/11/22/world-en ... mes-ahead/