Authored by Michael Snyder via The Economic Collapse blog,
Europe is facing an extremely cold winter that will be filled with energy shortages, blackouts and absurdly high power bills. All across the continent, ordinary people can see what is coming, and many of them are starting to panic. Demand for wood stoves is off the charts, and many Europeans are hoarding wood and other materials to burn in their existing wood stoves during the bitterly cold months ahead.
We truly are in unprecedented territory, and things are about to start getting really crazy out there.
If you live in Europe and you haven’t purchased a wood stove yet, it is probably already too late to get one for the beginning of winter.
It is being reported that any stoves ordered now could take “months to deliver”, and prices for wood pellets have almost doubled…
As much as 70% of European heating comes from natural gas and electricity, and with Russian deliveries drastically reduced, wood — already used by some 40 million people for heating — has become a sought-after commodity.
Prices for wood pellets have nearly doubled to 600 euros a ton in France, and there are signs of panic buying of the world’s most basic fuel. Hungary even went so far as to ban exports of pellets, and Romania capped firewood prices for six months. Meanwhile, wood stoves can now take months to deliver.
With wood and wood pellets being so expensive, some people in Europe are considering “other options” that once would have been unthinkable.
For example, we are being told that some Europeans are actually contacting local chimney sweeps to inquire about the possibility of burning horse poop in their stoves…
Inexperience is also evident in Germany, where the country’s association of chimney sweeps is dealing with a flood of requests to connect new and old stoves, and customers are inquiring about burning horse dung and other obscure fuels.
If you were cold enough, would you burn horse poop in order to stay warm?
Under normal conditions, no rational person would do such a thing.
But at this point, Europeans can see that they may not be able to rely on their national power grids this winter.
In fact, one top EU official is openly warning that energy shortages could lead to widespread blackouts in the months ahead…
The European Union could face blackouts this winter as the continent faces an ongoing energy crisis amid Russia’s war in Ukraine, but Brussels is preparing for worst-case scenarios, according to EU Crisis Management Commissioner Janez Lenarčič.
Asked in an interview published Tuesday by Germany’s RND media network whether EU countries would need disaster relief due to the energy crisis, Lenarčič responded: “Yes, that is quite possible.”
Sadly, this is true even in Germany.
The Germans have the largest economy in the EU by a wide margin, but their leaders are publicly acknowledging that Germany “may run out of gas” at some point by the end of the winter…
German Federal Economy Minister Robert Habeck expressed concern over the looming energy crisis this winter, telling German media that the situation was extremely tense and there is a possibility that Germany may run out of gas.
Habeck spoke on Friday, appealing to Germans to reduce their consumption of natural gas ahead of this winter a day after the German government launched a new price break programme to help Germans with the rising costs of energy.
And whoever bombed the NordStream pipeline system made sure that Russia would not be able to come to the rescue by providing much needed natural gas at a critical moment.
Continue Reading: zerohedge.com
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