The latest: Now aside fm diesel and gas shortages, not to mention food, ELECTRICITY will be at deficit, suckers

Apollonian

Guest Columnist

Now We Are Being Warned That Shortages Of Diesel Fuel And Electricity Are Coming In The Months Ahead​

May 10, 2022 7:42 am by IWB

Link: https://www.investmentwatchblog.com...d-electricity-are-coming-in-the-months-ahead/

by Michael

On top of everything else that is going wrong, shall we add a diesel fuel shortage and a nationwide electricity shortage to the equation? I never imagined that I would be writing about such things in the middle of 2022, but here we are. I will discuss the potential electricity shortage in a moment, but first I want people to understand how serious a widespread diesel shortage would be. Without diesel, our trains and trucks don’t run, and if they don’t run America’s supply chains completely and utterly collapse. So even a moderate shortage would be absolutely paralyzing for the U.S. economy. Unfortunately, supplies are rapidly dwindling and we are being warned that a “global diesel shortage that will shock people” could begin as soon as next month

We are looking at a nightmare in terms of global diesel shortage that will shock people starting June.
Diesel inventory on the east coast is 18 million (About 3 days demand) as of today, we will run down to sub 10 million.
Let us hope that a way can be found to keep all of our trains and all of our trucks running.

But even if an unprecedented supply crunch can be averted, everyone agrees that the price of diesel is going to be going way up
Diesel prices are surging, contributing to inflationary headwinds due to the fuel’s vital role in the American and global economy. Tankers, trains and trucks all run on diesel. The fuel is also used across industries including farming, manufacturing, metals and mining.
“Diesel is the fuel that powers the economy,” said Patrick De Haan, head of petroleum analysis at GasBuddy. Higher prices are “certainly going to translate into more expensive goods,” he said, since these higher fuel costs will be passed along to consumers. “Especially at the grocery store, the hardware store, anywhere you shop.”
Meanwhile, we are also being warned of “potential electricity shortages” in the United States in the months ahead…
The Midcontinent Independent System Operator, or MISO, operating in 15 states across the US Central region, said last month that capacity shortages this summer due to soaring summer demand might result in outages. Last Friday, California Independent System Operator, or California ISO, outlined energy shortfalls this summer because of heat and wildfires. Texas over the weekend saw triple-digit temperatures in some portions of the state, though grid stability was maintained despite several power plants being offline for maintenance.
WSJ explains grid instability and increased risk of power shortages this summer comes as fossil fuel power plants are “being retired more quickly than they can be replaced by renewable energy and battery storage.” Power grids are racing to retire conventional power plants fueled by natural gas, coal, and diesel to green forms of energy, such as solar power and wind. There’s also the retirement of aging nuclear power plants.
Why are we “racing” to retire conventional power facilities in the midst of a growing global energy crisis?
See also Groomer Algebra. CGT Now Being Injected into math
That doesn’t make any sense at all.
It seems that we have a long, hot summer ahead of us, and major blackouts could apparently happen at any moment.
And of course this all comes at a time when tensions are rising all over the country and anger is starting to boil over because of the potential overturn of Roe v. Wade.
I warned that we would see violence, and it has already started to erupt. On Tuesday, a Catholic facility in Colorado was “vandalized with pro-abortion graffiti”
The Sacred Heart of Mary Catholic Church in Boulder, Colorado was vandalized with pro-abortion graffiti again Tuesday, the second time in less than a year.
Abortion activists targeted the church after news broke of a leaked draft opinion from the U.S. Supreme Court that overturns Roe v. Wade. Pro-life pregnancy centers and pro-life advocates also have been the targets of vandalism, violence and harassment this week.
Spraying graffiti everywhere is certainly not nice, but it won’t kill or injure anyone.

However, firebombing the headquarters of a pro-life group could definitely injure or kill people, and that just happened in Madison, Wisconsin
Radical abortion activists have firebombed a pro-life group’s office in Madison, Wisconsin. A leftist radical threw Molotov cocktails into Wisconsin Family Action’s office in the capital city and a picture of the destruction shows the office heavily damaged from the bomb.
Apparently at least one Molotov cocktail was used in the attack, and whoever did this left a very chilling message
Arriving at the office at 2801 International Lane at the same time as a reporter, Appling and group event coordinator Diane Westphall found shattered glass from a broken window covering a corner office riddled with burned books. The smell of smoke persisted for hours after the fire, which damaged the corner office carpet and the wall beneath the window.
The outside of the building also was sprayed with graffiti depicting an anarchy symbol, a coded anti-police slogan and the phrase, “If abortions aren’t safe then you aren’t either.”
Then on Sunday, another firebombing was reported at the offices of Oregon Right to Life…
This second attack has occurred in Salem, Oregon as radical leftists targeted Oregon Right to Life, a longtime pro-life organization.
In the late evening on Sunday, May 8, the offices of Oregon Right to Life were attacked. An individual used incendiary devices, one of which exploded and caught the building on fire. The office was vacant at the time, and no one was harmed. Fire and police departments responded quickly, minimizing damage to the building. The agencies are actively investigating the incident.
So why didn’t the big corporate news networks devote endless coverage to these attacks?
See also Western media 6 months ago.
I think that we all know why.
Of course if pro-abortion facilities had been attacked, it would have been top news for days.
Before I end this article, there is one more very disturbing incident that I wanted to mention…
A Texas-based pro-life activist organization received a new bomb threat against one of its offices, allegedly due to its support for the state’s controversial heartbeat abortion ban restricting abortion as early as six weeks into pregnancy.
Texas Right to Life released a statement Monday explaining that its legislative office in Austin had received a bomb threat that morning.
Sadly, this is just the beginning.

If Roe v. Wade is actually formally overturned, the violence will get a lot worse.
The stage is being set for the sort of “internal revolution” that radical leftists have been talking about for years.
As I have been warning about for a very long time, great civil unrest is coming to this nation.
So let us pray for peace, but let us also be aware that there are lots of very angry and very violent people out there right now.

Help Support Independent Media, Please Donate or Subscribe:

Trending:
 
WSJ warns rolling blackouts coming to America; transition to “green energy” FAILING

05/10/2022 / By Ethan Huff / Comments

Link: https://www.newstarget.com/2022-05-10-wsj-rolling-blackouts-america-green-energy-failing.html



WSJ warns rolling blackouts coming to America; transition to “green energy” FAILING


As the United States continues its transition to “cleaner,” “greener” forms of energy, the electricity grid is becoming increasingly more unreliable.
Power-grid operators all across the country say they can no longer keep up with demand since wind and solar power are inadequate. The consequence is rolling blackouts during heat waves and other peak usage periods.
Much like a third-world country, America’s energy grid no longer has enough capacity to service everyone. So, electricity will now have to be cut at certain times to prevent the system from collapsing.
In California, rolling blackouts are expected this summer if extreme heat occurs, including from wildfires. Similar warnings are coming out of the Midwest as well, particularly in areas like Texas that already saw problems in the past.
“The challenge is that wind and solar farms – which are among the cheapest forms of power generation – don’t produce electricity at all times and need large batteries to store their output for later use,” reported The Wall Street Journal.
“While a large amount of battery storage is under development, regional grid operators have lately warned that the pace may not be fast enough to offset the closures of traditional power plants that can work around the clock.”

Making everything electric is destroying the grid​

Add inflation and supply chain issues into the mix and the nation really finds itself between a rock and a hard place in its quest to “go green.”
Brighteon.TV

The simple solution is to just go back to what we had before, which was working just fine. But there is no way the powers that be will ever allow that to happen, even if it destroys the country.
An investigation by the Department of Commerce into allegations that Chinese solar manufacturers might be circumventing trade tariffs has also thrown a wrench into the gears, as the parts needed to build new solar farms are stalled, which has brought the U.S. solar industry to a standstill.
It is also difficult right now to get anything here from China, seeing as how the country is locking down once again in response to another “wave” of the Wuhan coronavirus (Covid-19).
“Every market around the world is trying to deal with the same issue,” says Brad Jones, interim chief executive of the Electric Reliability Council of Texas, which operates that state’s power grid.
“We’re all trying to find ways to utilize as much of our renewable resources as possible … and at the same time make sure that we have enough dispatchable generation to manage reliability.”
Sustained outages of noteworthy length have been on the rise over the past several decades as the green push really started to take off in response to “global warming.”
The electrification of everything really gained steam during that time, and with major consequences. Energy systems are now so overloaded and barely holding on that reliability is fast becoming a thing of the past.
Through 2025, California regulators expect that as much as 3,800 megawatts of new energy supplies could face delays. This will put the Golden State into quite the predicament.
“We need to make sure that we have sufficient new resources in place and operational before we let some of these retirements go,’ said Mark Rothleder, chief operating officer of the California Independent System Operator, which operates that state’s power grid.
“Otherwise, we are putting ourselves potentially at risk of having insufficient capacity.”
All across the country, people are waking up to the fact that going green means going lean – or even going dark.
More related news coverage about this topic can be found at GreenTyranny.news.
Sources for this article include:
WSJ.com
NaturalNews.com
 

Global Food Crisis: Ukraine Crop Planting Down by Quarter as Nation Struggles to Export Last Harvest​

Link: https://www.breitbart.com/europe/20...r-as-nation-struggles-to-export-last-harvest/

29
HUMNYSKA, UKRAINE - MARCH 26: Holovanych Andrii, (L) and Kaluzhniak Andrii, both of whom are agronomist with the Zahidnyi Bug Farm, help plant sugar beet seeds on March 26, 2022 in Humnyska, Ukraine. With more than 150,000 square miles of agricultural land, Ukraine has been called the breadbasket of Europe, …
Joe Raedle/Getty Images
PETER CADDLE10 May 2022248
Food planting in Ukraine is down between 25-30 per cent as the country struggles to export already harvested produce.
Russia’s war in Ukraine continues to cause havoc for the country’s vital agricultural sector, with crop sowing falling by 25-30 per cent thanks to the ongoing conflict.
The war-torn country is also struggling to export crops that have already been harvested, an issue that has already prompted fears of famine across the world due to the nation traditionally being responsible for a major share of the world’s wheat trade.
According to a report by Reuters, the country only managed to export around one million tons of grain in April, a small figure compared to the 4-5 million tons per month the country usually ships out.
By contrast, 12 million tons of surplus grain remain in the country, with it now being feared that the stuck produce will leave no room in storage for when the next harvest comes.

The lack of exports from Ukraine have prompted fears that many vulnerable people worldwide will be thrust into hunger, with some officials accusing Russia of deliberately preventing produce from leaving the country in the hopes of manufacturing a food crisis that will inevitably become a migrant crisis.
The Ukrainian Agriculture Minister, Mykola Solskyi, is one of the latest to repeat accusations that Russia is up to no good, saying that the country has been actively looking to steal grain produced by his nation.
“Work is under way so that this stolen grain can be quickly seized,” Solskyi emphasised, though Reuters reported that the minister gave no details as to how such a retrieval could happen.
Regardless of how and why grain is not leaving the country, starvation is on the cards for many as a result of spiralling prices caused by a shortage of grain and other Ukrainian and Russian exports, with the head of the World Food Programme David Beasley warning that should European nations not step in, a major migrant crisis could again be on the cards.
“Failure to provide this year a few extra billion dollars [for feeding the vulnerable] means you’re going to have famine, destabilization, and mass migration,” the former Republican Governor of South Carolina said.
“If we neglect northern Africa, northern Africa’s coming to Europe,” he continued. “If we neglect the Middle East, [the] Middle East is coming to Europe.”
“If you think we’ve got Hell on earth now, you just get ready,” the former US politician also reportedly said.
 

Biden Cancels New Oil Leases As Gas Prices Hit Record Highs​

BY THE CENTER SQUARE
MAY 13, 2022 AT 12:04PM
By Casey Harper (The Center Square)

Link: https://thepoliticalinsider.com/bid...=criticalimpact&utm_medium=email&source=TPICI

President Joe Biden canceled three pending oil and gas drilling leases in Alaska and the Gulf of Mexico this week as gas prices hit record highs.
Biden has taken heavy fire for blocking new leases and pipelines as energy costs have surged but has defended his record. This latest development intensified that criticism.

“It’s day 477 of the Biden administration, we have record gas prices, and they have still not leased one acre of land to drill oil,” Rep. Dan Crenshaw, R-Texas, said.

RELATED: ‘MAGA Marjorie’ Taylor Greene Slams Dan Crenshaw For Funding Ukraine While Americans Struggle
The Department of Interior announced the decision late Wednesday, saying there was not enough industry interest in the areas. Experts argue the Biden administration’s fight to cancel all oil and gas leasing has made it risky and unappealing for the oil and gas industry to begin new investments in the U.S. The Alaska lease had difficulty receiving interest at certain points in the past before Biden took office.
“Canceling oil and gas leases is part of Biden’s ongoing punishing of the industry including threatening banks for lending and investment,” said Daniel Turner, executive director of the energy workers advocacy group, Power the Future. “We are all living the consequence: outrageously high prices and growing shortages.”

The decision comes just days after the U.S. hit record high gas prices. According to AAA, the national average gas price is currently $4.42, up from $3 per gallon the same time last year, when prices had already begun to rise. Federal inflation data released Wednesday also showed a slight decline in energy costs in April but still overall a major increase in energy prices in the past year.

Biden blocked all new oil and gas leasing on federal lands via executive order shortly after taking office, but a federal judge overturned that decision.
Earlier this week, the White House defended Biden’s work on energy costs.

“He’s also taken steps that are definitely smaller but meant to do anything possible, including issuing a waiver for E15 so that thousands of pumps in the Midwest could have gasoline that – and make it available to Americans so that that’s 10 cents less,” White House Press Secretary Jen Psaki said. “He also has noted … that oil companies should also do their part in ensuring they’re not price gouging customers at the pump. As oil prices come down, so should gas prices at the pump. And that’s also something that we are going to continue to watch closely and continue to call on steps to be taken.”

Meanwhile, many Republicans blasted Biden for the decision.
“As gas prices hit an all-time high in the USA, [the president] cancelled a vital round of oil and gas lease sales this morning,” Sen. Mike Lee, R-Utah, said. “High gas prices are preventable. Democrats are putting woke politics ahead of American families.”

RELATED: Biden’s ‘Kill Switch’ For Every Car Threatens Our Freedom Of Movement
They also pointed to the record high gas prices.
“Yesterday Americans paid the highest price for gasoline in history,” Sen. Marco Rubio, R-Fla., said. “At the same time Biden, just cancelled our largest pending American oil [and] gas lease sale”
Critics say Biden’s green agenda has Americans paying the price.

“Biden has repeatedly said he is doing everything in his power to lower gas prices, but then he pushes policies like this which cripple the industry’s ability to produce,” Turner said. “It also scares off any investment. Joe Biden made it clear in his campaign that he believes fossil fuels are the enemy. By making them scare and expensive he creates a narrative to push his green agenda.”
 
Gasoline, diesel, jet fuel refining capacity too low in US to meet demand

May 14 2022 09:49 PM
https://www.gulf-times.com/stories/c/191/0/Business?dispay=0
Link: https://www.gulf-times.com/story/717142/Gasoline-diesel-jet-fuel-refining-capacity-too-low


Emissions rise from an oil refinery in Memphis, Tennessee. From record gasoline prices to higher air

Emissions rise from an oil refinery in Memphis, Tennessee. From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travellers and the wider economy.

Bloomberg / New York
From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travellers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels.

More than 1mn barrels a day of the country’s oil refining capacity — or about 5% overall — has shut since the beginning of the pandemic. Elsewhere in the world, capacity has shrunk by 2.13mn additional barrels a day, energy consultancy Turner, Mason & Co estimates. And with no plans to bring new US plants online, even though refiners are reaping record profits, the supply squeeze is only going to get worse.
“We are on the razor’s edge,” said John Auers, executive vice president at Turner, Mason & Co in Dallas. “We’re ripe for a potential supply crisis.”
The dearth of refining capacity has dire implications for both US consumers and global markets. At home, retail gasoline prices continue hitting new records, exacerbating some of the worst inflation American households have ever seen.

Meanwhile, the East Coast is on the brink of a diesel shortage that risks crippling already strained supply chains that have disrupted the flow of everything from grocery staples to construction supplies in the last two years. The factors fuelling the refining shortage won’t surprise anyone: With demand for gasoline and jet fuel practically vanishing during the height of the pandemic, companies closed some of their least profitable crude-processing plants permanently.

Some of those plants had been affected by fires, explosions and hurricanes and were just too expensive to fix, especially because an eventual transition toward cleaner energy makes their long-term business model unprofitable and makes them less likely to attract buyers. By the end of 2023, as much as 1.69mn barrels of US capacity is targeted for closure compared to 2019 levels, according to Turner, Mason & Co.

At the same time American refining shrinks, the war in Ukraine has made the global divergence between supply and demand even more acute. With many countries shunning Russian fuel exports in the wake of the war, the US is now supplying more of the world’s fuel with an ever-shrinking fleet of plants. Europe has been seeking alternatives to Russian diesel since the war began, while fuel demand in Latin America, the largest buyer of US refined products, is strong and growing. Meanwhile, the US is itself gearing up for a spike in consumption this summer.
That’s setting up refiners to reap record profits this year. Valero Energy Corp is seen generating the most cash from operations since its stock started trading in 1997, while top refiner Marathon Petroleum Corp. is expected to post its highest margins in a decade. The two companies are the second and 10th best performers, respectively, in the S&P 500 index this year as of Friday morning.

Retail prices for both gasoline and diesel climbed to fresh records of $4.432 and $5.56 a gallon respectively, AAA data showed on Friday. US gasoline futures also rose to a new high.

In other kinds of markets, a surge of demand and shortage of supply would trigger more investment, especially with such swelling cash hordes. But the longer-term transition away from fossil fuels dims the outlook for demand, making companies unwilling to put up the billions of dollars needed to build new plants.

Even resurrecting idled plants can be prohibitively costly at a time when construction and labour costs in the US are booming. With California unveiling this week a roadmap to slash oil use by 91% from 2022 levels by 2045 and other places moving to limit fossil-fuel use in the decades ahead, refining companies and their investors can see the writing on the wall.

“Nothing about the current environment is promoting investments in fossil fuels,” said Bloomberg Intelligence analyst Fernando Valle. “It’s a 15 to 20 year payback on most of these investments.”

Phillips 66, for example, would have to spend more than $1bn to restart its Alliance refinery in Louisiana that was shut after damage from Hurricane Ida, Bloomberg Intelligence estimates. LyondellBasell Industries NV has opted to shut its Houston Refinery no later than the end of 2023 over cost concerns related to keeping the 104-year-old facility running.

A portion of shuttered plants are now being converted into smaller renewable-diesel facilities, including Phillips 66’s refinery in Rodeo, California, which was confirmed this week.

As for selling those assets to someone who could ramp up production, no one’s buying — even as industry players are sitting on massive piles of cash. “We feel we’ve got higher returns, better uses for the capital to employ than buying a refinery that’s on the market at this point in time,” Valero chief executive officer Joe Gorder said in a conference call with analysts in late April.

To be sure, there could be some small-scale relief ahead. US refiners ran at 90% last week, and that percentage will increase as seasonal maintenance wraps up this month. Some units can then even run 10% or 20% beyond their nameplate capacity to maximise production in the short term.

But that’s a rate that can’t be sustained without risking damage. A few refineries are also focusing on debottlenecking or even adding new units inside existing facilities to boost capacity, though it’s a drop in the bucket volumewise compared to the total already lost — and it won’t come until 2023 or 2024. In short, “too much refining capacity was closed during the pandemic,” Bloomberg Intelligence’s Valle said. “Diesel shortages and the price surge are likely here to stay.”
 

“Build Blackouts Better”: Half Of America Faces Power Blackouts This Summer, Regulator Warns​

by Zero Hedge
May 19th 2022, 10:31 pm

Link: https://www.infowars.com/posts/buil...-power-blackouts-this-summer-regulator-warns/

NERC warned power supplies in the Western US could be strained this summer as a historic drought reduces hydroelectric power generation due to falling reservoir levels and what's expected to be an unseasonably hot summer.

Compound the hellacious weather backdrop with grids decommissioning fossil fuel power plants to fight climate change and their inability to bring on new green power generation, such as solar, wind, and batteries, in time, is a perfect storm waiting to happen.

Tens of millions of Americans could be thrown into a summer of hell as a megadrought, heatwaves, and reduced power generation could trigger widespread rolling electricity blackouts from the Great Lakes to the West Coast, according to Bloomberg, citing a new report from the North American Electric Reliability Corporation (NERC), a regulatory body that manages grid stability.

NERC warned power supplies in the Western US could be strained this summer as a historic drought reduces hydroelectric power generation due to falling reservoir levels and what’s expected to be an unseasonably hot summer. Compound the hellacious weather backdrop with grids decommissioning fossil fuel power plants to fight climate change and their inability to bring on new green power generation, such as solar, wind, and batteries, in time, is a perfect storm waiting to happen that will produce electricity deficits that may force power companies into rolling blackouts for stability purposes.


powerna2.jpg

The regulatory body pointed out that supply-chain woes are delaying major Southwest solar projects, while some coal plants have trouble procuring supplies because of increased exports. They said there’s also an increasing threat of cyberattacks from Russia.

By region, the Midwest power grid will be extremely tight. Across the Western US, power generation capacity has declined 2.3% since last summer, even as demand is expected to increase. Grids in the region may have to source power from neighboring grids as extreme heat will cause people to crank up their air conditioners. A situation of low wind speeds could trigger blackouts, according to NERC. They outlined how the Midwest could face power shortfalls due to the removal of power capacity from retiring fossil fuel power plants.

NERC issued a similar warning last year, stating power grids that serve 40% of the US population were at risk of blackouts. One year later, there was only one notable blackout last June during a heatwave in the Pacific Northwest that left 9,000 customers without power. But with reduced electricity generation capacity outpacing new green power sources, the risks of blackouts are increasing this year.

In Texas, the Electric Reliability Council of Texas (ERCOT)has already warned multiple times of grid stress as early summer-like heatwaves sent temperatures in certain parts of the state into triple-digit territory.

California’s grid operators have also warned of rising blackout threats –for the next three summers — as the state transitions to greener forms of energy. The drought and shrinking reservoir levels have reduced hydroelectric power generation on top of decommissioned fossil fuel power plants. “We know that reliability is going to be difficult in this time of transition,” said Alice Reynolds, president of the California Public Utilities Commission, during a May 6 press conference.

NERC’s report is an eye-opener for those living in the Western US. Many households face out-of-control inflation, soaring fuel prices, and food shortages ahead of what could be a summer of unrest as the Biden administration is bracing for a wave of violence upon the Supreme Court’s overturn of Roe V. Wade.


America is slipping into the abyss as households get a taste of what it’s like to live in Venezuela. It’s not that far off from what people are experiencing today: soaring inflation, shortages, a ruling regime which so many claim was not elected by the majority and soon, rolling blackouts.

UN Treaty to Give Power of Global Lockdown to Corporatocracy
 
Back
Top