Europe headed toward energy lockdowns: COVID regime revived (Survival Lilly)

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PREVIOUS INSTALLMENT: Disturbing news from Germany


SURVIVAL LILLY
https://youtu.be/MPMaERApWbQ

VIDEO EXCERPTS: Europe is facing a supply shock that promises to affect manufacturing, ground airlines, hike up the price of food, spike borrowing costs, and send inflation spiraling back to crisis levels.

[...] With almost all global suppliers at maximum capacity, European leaders are beginning to realize that the LG supplies that they were counting on are not coming here as expected. It's not like we have a buffer. It's not like we have some security here.

Europe will start to feel the pain this coming month, or possibly seven, in a few weeks. Oil and gas could still stay high in Europe even if the war in Iran ends. Europe may not yet breathe a sigh of relief due to the long-lasting impact on energy supplies on which the block heavily relies. Even if peace is made tomorrow, we will not go back to normal in the foreseeable future.

Rising gas prices impact British and European energy bills via both the direct cost of gas and the increased cost to generate electricity through gas-fired power plants.

Yeah, a lot of people don't know that actually about 30% of electricity in Germany, I believe, or in Austria, is coming from gas-fired power plants. So if the natural gas price is going up, the electricity price is going up as well.

Europe begins energy rationing as the crisis moves into daily life. The European Union has begun urging citizens to work from home, drive less, reduce speed limits, and cut overall energy consumption as part of an emergency response to the shock created by the Iran war. The language coming out of officials makes it clear that this is not just temporary.

European authorities are warning of a very serious situation with no immediate end in sight. Yeah, some people would also call it an energy lockdown. The crisis will not resolve quickly. Officials are already warning that the shock will be long-lasting, and that suggests the current measures are just the first step.

Oh my god, this sounds familiar, right? If the disruption to global energy flows continues, these temporary adjustments will evolve into more formalized restrictions, and what is now being presented as voluntary guidance will become mandatory policy, AKA an energy lockdown...

Energy lockdown soon mandatory? .... https://youtu.be/MPMaERApWbQ

https://www.youtube-nocookie.com/embed/MPMaERApWbQ
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