Wednesday, October 6, 2021

IN the NEWS - Prince of Persia & The Coming Winter Crises?

What is the Prince of Persia up to behind the scenes? 
Could this Plunge the Planet into yet more social unrest by the spring?
How were nearly all the world political leaders led down this path of INCOMPETENCE?
See LINK Below for a recent post of what MAY be about to hit....

"Europe's power crunch is roiling energy markets Wednesday as Dutch and U.K. natural gas futures jumped 60% in just two days, hitting record highs along with soaring power prices. 
Front-month Dutch natgas futures rose an astonishing 40% today to a record 162.125 euros per megawatt-hour after a 20% move higher on Tuesday. U.K. natgas futures surged 39% today, hitting 40 dollars.  

E.U. politicians are in panic mode to protect consumers and businesses from rising natgas and power prices. The European Union's energy chief Kadri Simson said a revision on energy regulations could happen by the end of the year to prevent soaring energy costs from derailing the economic recovery. As we've already seen, soaring natgas prices have resulted in fertilizer manufacturers limiting or halt operations from the U.K. to Germany, which has disrupted food supply chains.   

Ahead of winter, E.U.'s natgas stockpiles are at their lowest seasonal levels in more than a decade. The continent is super reliant on Russian natgas, which flows have declined in recent months. It's also unclear when new supplies through Nord Stream 2, the new controversial pipeline from Russia, may begin - at this point, it's too late for fresh supplies as the restocking period was a month ago
 
Global natgas and even coal markets have significantly tightened ahead of the northern hemisphere winter. Fall has already begun, temperatures are dipping, and many of these regions are caught with below-average energy supplies
The chaos abroad has even boosted U.S. natgas prices to the highest
level in 12 years to $6.466 per million British thermal units in New York. The astronomical rise in natgas futures makes one wonder if the move is now being driven by the world's top commodity trading houses, who have all been crushed by a spread (or arbitrage trade) gone wrong. The strategy backfired, and many small-to-mid-sized trading firms are likely facing margin calls on a scale not seen before."
ZeroHedge

  
Men's hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken. Luke 21:26
  God is permitting the elements of confusion and disorder to bear sway for a season. A power from beneath is working to bring about the last great scenes in the drama … Transgression has almost reached its limit. Confusion fills the world, and a great terror is soon to come upon human beings. The end is very near. We who know the truth should be preparing for what is soon to break upon the world as an overwhelming surprise”. (Testimonies, vol. 8, p. 28, E.G.W.)