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60% of British Factories at Risk of Going Under as Energy Bills Soar

Soaring energy bills are threatening to put six in 10 British manufacturers out of business, according to a survey that lays bare the extent of the crisis facing the next prime minister. MakeUK, the lobby group for UK factories, said that nearly half of manufacturers have experienced a jump in electricity bills of more than 100% in the past year. “The current crisis is leaving businesses facing a stark choice,” the report said. “Cut production or shut up shop altogether if help does not come soon.”

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Darker and Colder: Europeans Warned of ‘Unprecedented’ Power Failures This Winter as Russia Cuts Off Natural Gas Pipeline

Europeans are being warned of ‘unprecedented’ power failures this winter as the energy crisis brings a foreseeable future that will be colder and darker. “There is an increased risk of a lack of power this winter,” Klaus Winther, deputy director at Energinet, the Danish national transmission system operator for electricity and natural gas, told TV2. After a 3-day halt, Russian energy giant Gazprom was expected to resume critical supplies of nat gas to Europe via Nord Stream 1 tomorrow, but it appears that Putin who is enjoying the game of cat and mouse a little too much, had other plans and as a result, Russian gas flows toward Europe won't be coming back any time soon, as moments ago Gazprom announced that it had "completely halted" transport of gas to Nord Stream until a previously undetected oil leakage is rectified. That could takes hours, days... or months. The "shocking development" is a massive blow to Europe, which is scrambling to fill up its gas storage ahead of winter and which has been trying to guess Moscow’s next steps in the energy war for weeks. As Bloomberg puts it, "it marks a dramatic escalation in Europe’s energy crisis -- and comes just as prices were easing. If the shutdown persists, it puts households, factories and economies at risk, weakening Europe’s hand as it backs Ukraine in the war against Russia." Said otherwise, millions of virtue signalers will be cold, hungry and in the dark this winter but at least they will have an Ukraine flag in their twitter bio.

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Thousands of Businesses Closing in Europe Due to High Energy Bills That Make it No Longer Possible to Stay Open

Over the past week, shocked Europeans - mostly in the UK and Ireland - have been posting viral photos of shockingly high energy bills amid the ongoing (and worsening) energy crisis. Several of the posts were from small business owners who getting absolutely crushed right now, and won't be able to remain operational much longer. As the Irish Times reports, "The cost of electricity to the Poppyfields cafe for 73 days from early June until the end of August came in at €9,024.70 an increase of 250 per cent in just 12 months. There doesn’t include the €812.22 in VAT, which brought her total bill to €9,836.92." "How in the name of God is this possible," tweeted cafe owner Dolan. Europe is facing economic devastation and depression at a scale that will make 2008 seems like a walk in the park. As the FT reports, German manufacturers are halting production in response to the surge in energy prices, a trend the government has described as “alarming”. German economy minister Robert Habeck said industry had worked hard to reduce its gas consumption in recent months, partly by switching to alternative fuels like oil, making its processes more efficient and reducing output. But he amusingly clarified, some companies had also “stopped production altogether” — a development he said was “alarming”. “It’s not good news," he said, “because it can mean that the industries in question aren’t just being restructured but are experiencing a rupture — a structural rupture, one that is happening under enormous pressure.”

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As the Technocrats False Promises are Exposed, Oil is King Again and Everyone Will Suffer

For the past several years, America has produced more oil than the nation consumes, leading many to believe that the days of "Energy Crises," such as we saw under President Carter back in the 1970s when people had to endure long lines just to fill up the gas tanks of their vehicles, were over. A new class of Billionaires has taken their place in the U.S. economy for the past couple of decades or so, and they promised the world a "Green New Deal" that would eliminate our need for "fossil fuels." Some began to wonder if these new Billionaires, referred to collectively sometimes as the "Technocrats," would now leverage technology to greatly improve our lives and rid us of our dependency on the oil tycoons in the Rockefeller Empire which basically built modern day America and Western culture. They didn't. Whether by plan or by finally realizing that the promises of the technologists could not be kept, the oil tycoons are once again profiting from record prices of petroleum, even though the world now produces more oil than it ever has before. Everyone now agrees that these gas prices, while currently dipping probably due to fewer drivers hitting the roads during the July 4th holiday, and far fewer flights than previous years due to labor shortages in the airlines industry, are going to continue to climb in the near future. The only question unanswered is, how high? Some analyses are predicting $380 a barrel is possible, and if that happens, millions of people are going to starve and die.

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