Russia Shuts Down Nord Stream 1 Gas Pipeline, Gasprom Sends out Eerie Video ‘Winter is Coming’


Posted originally on the conservative tree house on September 6, 2022 | Sundance 

Well, it looks like it’s official now. After several days of sporadic reporting on Russia’s decision to shut down the Nord Stream 1 natural gas pipeline into western Europe, it looks like the valves have been shut down until EU sanctions against Russia are removed.

Strategically the Nord Stream 1 pipeline is the major gas supply route into Germany, Europe’s largest economy. As noted by Reuters, “European gas prices, as measured by the benchmark Dutch TTF October gas contract, rose by as much as 30% on Sept. 5, amid growing fears of a total shutdown of Russian pipeline imports ahead of the European winter.”

Europe was already going into a deep economic recession due to inflation created by pre-existing green energy policy.  The Nord Stream shutdown will make things exponentially worse as energy prices skyrocket.  The Russian owned energy company Gasprom sent out a video that can be best described as psychological warfare.  WATCH:

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Climate Change Hypocracy


Armstrong Economics Blog/Climate Re-Posted Sep 4, 2022 by Martin Armstrong

US Oil Reserves Nearly Depleted


Armstrong Economics Blog/Energy Re-Posted Sep 2, 2022 by Martin Armstrong

The US Strategic Petroleum Reserve (SPR) has been at its lowest level since, ironically, 1984. The reservoirs are composed of four underground sites constructed from salt domes on the Gulf Coasts of Louisiana and Texas. The White House began extracting oil from the emergency reserves to combat rising gas prices. Politicians simply hope that the problem can be patched up for as long as they can remain in power.

In August, the US extracted 18 million barrels of crude. The stockpile now sits at only 450 million, reaching a nearly 40-year low. Additionally, the White House under Biden has been selling off the remaining reserves to foreign refiners. China received nearly a million barrels of oil to a subsidiary of Sinopec, a company that previously received BILLIONS in investments from an equity firm operated by none other than Hunter Biden. In fact, Biden has sold off nearly a quarter of oil reserves this year alone. Is he deliberately trying to create a crisis to spark the Great Reset?

Russia is not to blame for rising gas prices, as a gallon cost a mere $2.28 in December 2020. A year later, after Biden implemented disastrous green policies, the price rose to $3.40. Biden panicked once gas hit $5 in June and began to pull from the reserves to make it seem as if he had a grip on the problem. The government has no solution for the current energy crisis. The best we can hope for is the Republicans coming to power and demanding that domestic production continue immediately.

Germans Stockpiling Firewood


Armstrong economics Blog/Energy Re-Posted Sep 2, 2022 by Martin Armstrong

We are quickly reverting back to the Dark Ages. Cooking and keeping warm with fossil fuels may become a luxury as the energy crisis spreads across the West. Reports are growing from Germany that people are stockpiling firewood before the winter season. Google search results for brennholz (firewood) peaked this August in Germany as their government announced they would continue supporting Ukraine indefinitely.

Half of German homes are heated by natural gas, while a quarter uses oil. Less than 6% reported using firewood, but that is set to change as even firewood is now in a shortage. Germany’s Federal Firewood Association announced earlier in the summer that wood was becoming scarce. People are now importing firewood from Poland, but people there are also buying up firewood as no one can afford these rising prices. Governments are offering no solutions, and people have reason to fear the future.

Versorgungssicherheit is a word describing the fear of a shortage. Due to this fear, many companies are rationing the number of firewood bundles people are allowed to buy. The Federal Network Agency expects gas prices to TRIPLE by early 2023. The energy crisis spreading across the West will result in growing civil unrest and could trigger a major geopolitical event across Europe as people will be faced with hardships this winter not seen in a lifetime.

California on Track to Topple Power Grid


Armstrong Economics Blog/Climate Re-Posted Sep 2, 2022 by Martin Armstrong

California plans to ban gas-powered vehicles by 2035. The Advanced Clean Cars II rule would ban ALL gas car sales in 2035, but there are no alternatives in place. The average American cannot afford an electric car or maintenance on an electric vehicle. Beginning in 2026, 35% of new autos sold in California will be required to produce zero emissions. By 2027, 51% of all new cars will need to be electric, and that amount will rise to 68% in 2028, followed by an all-out ban on gas-powered cars in 2035.

Well, California is already struggling to power the electric vehicles on the road in 2022. The California Independent System Operator called for a “voluntary energy conservation” during the upcoming Labor Day weekend due to the failing power grid. They are asking residents to refrain from charging their cars between 4 PM and 9 PM, which is when demand peaks. “If left unmanaged, the power demanded from many electric vehicles charging simultaneously in the evening will amplify existing peak loads, potentially outstripping the grid’s current capacity to meet demand,” Cornell University’s College of Engineering stated.

So electric vehicles have the potential to take down California’s power grid. The state estimates that it will need 1.2 million charging stations by 2030, but they have a mere 80,000 currently. California does not have the ability to implement this zero-emission ban without toppling the entire power grid.