The energy crunch is going to impact you and your family

The policy responses to Covid have been awful, but those failures are utterly dwarfed by the energy and supply chain policy inactions that are bringing us into a very dark winter.

While COVID-19 has occupied a lot of our intellectual and emotional energy over the past year and a half, energy and material shortfalls are far more likely likely to seriously impact your life. I alerted this channel to the energy issues last June, and sent out an ALERT over a week ago to my Insider members. I stand by the urgency of those messages even more now.

An energy crisis is roiling across the UK and Europe on the cusp of winter, and the rest of the world is on the horizon. It's already being felt in the UK, Europe, China, Russia, and the U.S.

In the UK, the media is chalking up the energy crisis to consumer panic buying and truck driver shortages, but this blames everyday citizens for what is actually a much deeper structural problem and bungling executed by government policies. A more accurate explanation acknowledges the origins of the current energy crisis in a predictable outcome of the failure to invest in the production of oil and supply stability during the COVID-19 mismanagement and shutdowns.

While the governing elite will have you believe the crisis is as “transitory” as the inflation they themselves create through central bankers’ monetary policies, it would be foolish to take them at their word. A major economic shock is guaranteed at this point in the story – one that will disproportionately impact the middle and lower classes.

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Episode 029

00:00 - Intro
01:00 - Dark Winter – A Global Energy Crisis Spreads
02:43 - Reason: Driver Shortage?
04:23 - Update | Energy
05:13 - Oil Shock III
07:02 - Not A Refining Issue
09:50 - Energy Costs in Europe Spiking
10:42 - IAE Calls o Russia
12:47 - China’s Energy Shortage
14:47 - Silicon Metal Shortage Follows China Energy Crunch
15:35 - Uh Oh. More Supply Chain Issues
17:11 - The US Is Affected Too
29:22 - Conclusions

[johns]

The reporting Chris did when the pandemic started on a daily basis was the equivalent to a university semester long project presented on a daily basis. Absolute next level, I don't think people realize how incredibly difficult that was.

[andrewwoodhead]

''what if you paid people more money to be truck drivers, or tanker drivers''
I am a 47 year old truck driver who left Britain eight years ago ( I also used to be in that army) .
I think I have waited all my life to hear someone outside of truck driving say those words. WOW !
Yeah, you reckon, huh ?! :-)
love U man !

[frenchfryfarmer]

2:00 minute mark:
"the worst part of the 15 day lock-down ... the FIRST 500 days" THAT is classic sheet there.

[windsorSJ]

Because of Chris's advice from the start of the pandemic I have been able to keep myself and my wife safe. I've had some people actually thank me for giving them a heads-up. But a lot thought I was crazy. His relatable style and explanations make things very clear and I am able to understand things that before I thought were complicated.
Thanks Chris

[lawnmower]

This was much more interesting than I frankly expected it would be. You’ve done a great job as usual. Press on good sir

[TheNeoCubest]

Amazing reporting, you deserve an award!

[FallopianDismay]

I love Chris, been following him for a decade. Met him at one of his retreats a few years ago. As a person he's warm, kind, generous and open. I'm saddened that so many of the commenters here aren't similarly wired. So many angry comments by people blaming "them". And I'm not talking about the "them" that refers to the rich and powerful.
If you think regular folks are the enemy your thinking has been colonized and corrupted by the powerful.

[jmmill]

Sounds like another piece of the great reset puzzle

[JeffreyWillis]

The poor can't really prepare for what is coming, even with warning. They live paycheck to paycheck, there is no cushion or ability to absorb.

[antlu]

"You know what the hardest part of a 15 day lockdown is? The first 500 days."

"Now why would they engage in panic buying? Probably because a government minister told them not to panic. That's usually a good time to panic... When it comes to situations like this, you want to panic early. Avoid the rush."
😂

[martyherz]

Based on current "policy", the unvaxed won't get any gas heating supplies.

[billmandaue]

This shortage is driven entirely by political decisions. There is no shortage of oil or natural gas in North America, but national policies designed to create this very crisis. The best time to increase control is during an emergency. This is no accident. Europe has always had oil and gas shortages, but proper planning always mitigated these shortages. However, the current leadership of Europe and European nations seems to have other motivations in NOT planning to mitigate any shortages.

[Kyle-pkvg]

"Real power is achieved when the ruling class controls the material essentials of life, granting and withholding them from the masses as if they were privileges."

- George Orwell

[mif]

As always Chris is way ahead of the ones who should be helping us prepare.

[amnobody]

I remember waiting in the gas lines with my dad in 1979. It was a hot Texas summer and the lines were moving slow haha. But we had the Bee Gees jamming.

[gustomundo]

best channel on the internet, been watching since January 2020

[AlphaDawg]

You never cease to amaze me Chris. You called it 100% accurate, wow.

[Rebecky]

I can only imagine how bad these shortages will be especially after watching how the government handled Afghanistan…

[nin]

The energy "crisis" looks to be entirely engineered and self-inflicted.

[pharmacymg]

We have more firewood stocked up now than ever. New insert for fireplace that I can cook on is here (major score). New generator to be installed soon (to keep freezers and essentials going). Food is only about half of what I'd like, but better than the past. Garden is STILL producing!!! Gas for vehicles (not a ton, but enough to get us somewhere if needed) is on hand. Pet food is almost done for 8 months. We're getting there. All the fuel issues is already affecting supply chain and it's not going to improve any time soon. Get yourselves as ready as you can.