The New CS Board

[jumanji0881]

If there's no water and no energy, it's going to get ugly indeed -

My Comment: And we have not yet had hurricanes in the Gulf which could impair refiners.

Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
https://www.zerohedge.com/geopolitical/venezuela-stops-oil-shipments-europe-alternatives-russian-energy-dry
Excerpts:
The writing is on the wall for Europe in terms of this coming winter – It's going to get ugly.

If this occurs and no regular sources of energy can be found to fill the void left by Russian sanctions, prices will rise precipitously in the EU. Not only that, but with European countries buying up energy supplies wherever they can find them, available sources will also shrink for every other nation including the US. Get ready for oil and energy prices to spike once again as winter's chill returns.


Drought Is Driving European Energy Markets Toward Disaster
https://www.zerohedge.com/energy/drought-driving-european-energy-markets-toward-disaster
Excerpt:
The EC had set a target of 80 percent for storage fill rates by October 1. Member-states are on track to hit this target ahead of schedule, but this has come at a cost: the EU's gas bill this year is ten times higher than it normally is, at over $51 billion