The Great Reset - Europe Is So Screwed Part 1

Introduction
I've been writing about the Boogeymen of Doom for a couple of years now.  How globalists, primarily orchestrated by the World Economic Forum (WEF) the U.N. and Socialist Democrats, use these boogeymen to frighten the populace into submission so they will surrender their rights and freedoms to the self-anointed global elites.

I gave some of the boogeymen names to diffuse the fear.  The boogeymen are, indeed, real (or potentially real) but they have been enormously exaggerated to induce mass hysteria.  Funny names help put them in their place.

• Scary Scarcity (poverty, famine)
• Climate Hysterians (the oceans are going to boil in 30 years)
• Scamdemics (you will die if the gov doesn't force your neighbors to get jabbed)
• and, last but not least, the return of Fearsome Fallout (World War III)

• Sidebar - In a future post I will introduce my newest super-villain... Divisive Diversity

Converging Crises
I've been thinking about how the converging crises might play out.   I don't follow conspiracy theories so I don't believe the WEF actually engineered the COVID Scamdemic.  However, they never let a crisis go to waste and, gleefully exaggerated and exploited COVID to wreak havoc on the global economy.  

At first, I thought that the global energy crisis would be bad for the WEF because it will kill the Climate Change boogeyman.  People are not happy being forced to choose between heating and eating.  Climate activists are going to become VERY unpopular and will be pushed out of Government.

However, it is very likely that Climate Change was never a real objective... it was just a tool to induce an energy crisis.  Perhaps the Climate Hysterians that the WEF installed in governments around the world are now expendable.  After all, the WEF has Blackrock, Zuckerberg, Gates and Arab OIL billionaires in the bullpen.

• On the other hand, the extreme drought in Europe could be used to keep the Climate Change narrative alive.  I am sure that the WEF will take advantage of every crisis.

If things get bad enough in Europe they will beg for Hitler... (or Klaus Schwab) ... to save them.   History repeats itself.

Energy Scarcity
Let's start with the European energy crisis which is entirely their own fault.   Do you remember when Trump blocked construction of the Nordstream 2 pipeline and warned Germany that they were too dependent on Russia?  Do you recall that he tried to convince them to buy American LNG instead?  If not... here ya' go:  www.politico.eu/article/germany-plays-trump-card-in-pursuit-of-russian-nord-stream-2-pipeline-dream/

Trump tried to convince them to make long term commitments to American LNG because it takes years to build plants and ships to produce and transport the gas.   They laughed at him.  Well, here we are and Europe is so screwed.  Here are current Natural Gas (NG) prices in Europe.  Holy Shit!

Please note, when Biden took office the price was 27.632. Nine months later (long before the war in Ukraine) the price hit 118. ... a 427% increase.  (click the pic for details)

Instability
As an engineer, I spent a lot of time insuring that a system would behave in a reliable and predictable manner.  Insuring stability.

The chart below (courtesy of ZeroHedge) only goes back to July of 2021.  However, prior to Joe taking office there was a reliable correlation between energy content and cost.  This ratio is depicted in the chart as Oil Barrel Equivalents.   I don't want to bore you with micro-details but this is important.

• Sidebar - a Barrel of Oil yields about 6 million BTUs of energy.  This is the equivalent of 60 Therms of Natural gas. In other words, both forms of energy can be compared on the cost per BTU or the cost per Therm or (in this case) the cost per 6M BTU.
• WTI is West Texas Intermediate Crude which is a benchmark for US petroleum vs Nat Gas.

In an ideal (capitalistic) world, the cost of each form of energy should be about the same.  As consumers, we don't really care where those BTUs came from (unless you are a Climate Hysterian).  There may be seasonal differences (more demand for NG for heating in the winter vs more demand for WTI/gasoline in the summer).

The energy economics continued to be stable until the end of August of 2021.  At that point we start to see divergences in American energy (WTI fluctuating vs US NG) but European energy breaks down into CHAOS.

Just look at the chart... (Note, the following chart expands on the previous 5 year chart). In October of 2021 EU NG surges more than 200% and then falls back at the end of October.   But then it surges to an even greater high in December... and craters again in January. 

Please look at the pattern.  A wild peak and a bumpy drop... and even worse peak and another bumpy drop... with each cycle getting WORSE.  This is the exact pattern of an unstable system in decay.

A System In Decay
Did you ever play with a top?  As the energy is expended it begins to wobble... it becomes unstable and the wobble gets more extreme.  Europe has become unstable. 

Honestly,  just look at the chart;  the European top is about to flip over. I don't want those welfare socialists to take America down with them.

Seriously... Wobbling?
I know,  You don't think that Chaos theory applies to real life.   You are totally confident that Schwab, Joe and the WEF are going to save Democracy and make everything comfortable again.  Yeah... sure.

The following video is a perfect, real-life example of what happens when a system becomes unstable.    A  35 mile per hour wind took this bridge down.  And the guy in charge of the project was an 'expert'.  (The video is actually pretty entertaining).

Is the US Unstable?
The price of NG in the United States has more than doubled in the first 8 months of 2022 but it isn't going through wild fluctuations.

The US is in fairly good shape in spite of Biden's war on energy.  We are the world's largest producer of NG.  The Europeans would now love to take Trump's suggestion to buy a LOT more LNG.  They are buying as much as they can and driving up prices here at home.  Fortunately (for the American consumer) the LNG plants and ships weren't built and Europe can't suck us into their energy crisis .. yet. (Credit to the Visual Capitalist for the amazing graphic)

Coal, Nasty Coal
Remember when all the Progressives were losing their minds because Trump refused to go along with the Paris Climate Accord?  Sure you do because they all celebrated when Joe Biden signed on to that worthless treaty on his first day in office.  www.instituteforenergyresearch.org/climate-change/biden-rejoins-paris-climate-agreement/

Well, Germany (and other hypocrites in Europe) are not going to meet any of their Climate Commitments because they are now reactivating their retired coal power plants.  Suddenly, coal is their saviour.

Europe might be able to pump more energy into their wobbling top if they abandon their Climate Change religion. 

The situation in Germany is so dire that coal trains are now given priority over their esteemed, on-time passenger trains. Desperate times call for desperate measures.

Electricity
I have to switch gears a bit because electricity is our most versatile form of energy. The wobble in fuel prices is really concerning, but many Progressives are only concerned with the transition to wonderful, 'clean' electricity and they don't care how much WE have to pay. To the surprise of many Climate Hysterians, electricity doesn't just spew out of rainbows for free.

• The neoTerra News Network has inside info indicating AOC has theorized that Unicorn farts are as powerful as nuclear fusion. Unfortunately, no one has been able to capture a Unicorn fart or achieve nuclear fusion... so the debate rages on

Electricity has to be produced from other forms of energy.  When the price of fuel goes up so does the price of electricity.

Our rates in North Georgia went up 10% in July.  The first increase in 5+ years.  We are lucky, rates have increased by 18% - 40% in other parts of the country.

But that is NOTHING compared to Europe.  No fuel - no juice.  Electric rates in Europe have increase by as much as 700% in the last 12 months.  It is simply unaffordable.  (Credit to ZeroHedge Click the pic)

European Economic Impact
As I've written previously, energy is the foundation of prosperity. 

Last year Europe started shutting down production of fertilizer (requires NG) and some production of metals.  With soaring energy costs, zinc and aluminum smelters are being shuttered.

The effects will ripple through the entire economy and put millions of people out of work.  You can't make aircraft, or beer cans, or thousands of other products without aluminum.  You can't make plastics without petroleum. Food production will be cut in half without synthetic fertilizer. 

They will try to blame the economic collapse on COVID, supply chain issues, Climate Change or Putin.   But it all revolves around energy policy and it is all their fault.

Europe is so screwed.

What About America?
We live in a global economy and Americans will suffer continuing inflation, shortages and a possible recession (loss of jobs).

But America will be OK.  DON'T PANIC

Earlier, I showed a graphic of Natural Gas (NG).  The United States is much larger than second-place Russia.  But that is just half the story.  The United States is also the world's largest producer of oil.  For almost 60 years, every President (except one) and every Progressive elite expert said this was impossible.

For most of my life, we hemorrhaged Billions of $$ per year to countries that hate us and we fought endless wars over oil.   All because dishonest leaders and elite experts told us we could never, ever be self sufficient.

When Joe Biden took office, the United States was energy self-sufficient and the Strategic Petroleum Reserve (SPR) had been replenished.  For the first time in my entire life, the United States was a net exporter of energy and we were no longer gushing cash-for-gas to our enemies.

This week, the SPR has been drained down to it's lowest level in 35 years.  Biden is openly and officially committed to continue the drain until the mid-terms and the SPR will be sucked down to the lowest level in over 40 years.  Biden is a criminal.  www.reuters.com/business/energy/us-crude-spr-hits-lowest-level-since-january-1985-2022-08-22/

If I'm correct, and energy is the key to prosperity, then the United States and Russia should rule the world after the current shitshow plays out.  All we need is a concrete policy of America First. 

In conclusion, here's another great graphic from Visual Capitalist.  Damn, the US is still awesome.

• In the next segment I'll talk about the Great Drought.  It is NOT due to Climate Change.