Eat or Heat: Europeans Already Are Facing Previously Unthinkable Dilemmas
By Claudio Grass As the citizens of the European Union and the United Kingdom are increasingly struggling to make ends meet due to record levels…
Europe
“No Bailout Coming” — US Energy Producers Send Ominous Warning To Europe
By Tyler Durden The threat of power rationing across Europe persists even after EU officials held an emergency meeting last week to stave off the…
ECB Scrutinizes Banks’ Readiness For Possible Tsunami Of Energy Company Defaults
By Tyler Durden As we detailed in Trillions In “Liquidity Support Is Going To Be Needed” As Swiss, Finns Join Europe’s Bailout Brigade and Sweden, Austria Start Bailing…
Europe Is Facing Energy Disaster And It’s Going To Bleed Over Into The US
By Brandon Smith Though the situation is ever changing, currently the Russian government has announced an official shutdown of ALL natural gas exports to Europe…
European Union Wants Mandatory Energy Rationing to “flatten the curve”
By Mike Campbell “During peak demand, the expensive gas comes into the market. So, what we have to do is flatten the curve to avoid…
Europe’s Nightmare Scenario Comes True: Energy Bills To Rise By €2 Trillion, Will Reach 20% Of Disposable Income
By Tyler Durden What is the scale of the energy challenge? We got a very shocking sense of the staggering numbers involved in the existential,…
It Is Going To Take “Trillions” To Fix The Massive Derivatives Crisis That Has Erupted In Europe
By Michael Snyder This thing in Europe is rapidly becoming rather serious. Vladimir Putin’s decision to end the flow of gas through the Nord Stream 1…
“Europe On The Brink:” 70,000 Czech Protesters Flood Prague Over Energy Crisis
By Tyler Durden More than 70,000 Czechs are protesting in Prague, the capital, demanding the ruling coalition take a neutral stance on the Ukraine war…
Surprise: Stocks Tumble After Gazprom “Completely Halts” Nord Stream Gas Supplies Due To “Unexpected” Leak
By Tyler Durden After a 3-day halt, Russian energy giant Gazprom was expected to resume critical supplies of nat gas to Europe via Nord Stream…
Europe Has No Real Alternatives To Russian Gas: Ex-Aramco EVP
By Tyler Durden Echoing what Zoltan Pozsar said in his latest must-read note, the former executive vice president at Saudi Aramco, Sadad Al-Husseini, told CNBC…
“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches
By Tyler Durden Over the past week, shocked Europeans – mostly in the UK and Ireland – have been posting viral photos of shockingly high…
Their Economy Is Collapsing All Around Them As Europeans Head Into An Extremely Cold And Bitter Winter
By Michael Snyder Last winter, Europeans were looking forward to yet another year of peace and prosperity. This winter, Europeans will find themselves right in…
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe
By Michael Snyder This is going to be a bitterly cold winter for a whole lot of people. In particular, things are likely to get…
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
By Tyler Durden The writing is on the wall for Europe in terms of this coming winter – it’s going to get ugly. With natural…