Drought and heat drive European electricity prices to all-time highs

Drought and heat drive European electricity prices to all-time highs

Drought and heat have pushed European benchmark electricity prices to all-time highs on August 2, 2022. As a result, countries are relying even more on Russian gas to meet increased power demand instead of storing it for the coming winter season, as recently agreed in Brussels.

Eurozone inflation hits another record high

Eurozone inflation hits another record high

Driven by rising food and energy costs, consumer prices in Eurozone jumped 8.6% over the year through June, hitting another record high since the creation of Euro in 1999.

U.S. declares national energy emergency

U.S. declares national energy emergency

The United States declared a national energy emergency on June 6, 2022. The emergency – declared to exist with respect to the threats to the availability of sufficient electricity generation capacity to meet expected customer demand – will stay in effect for at least 24 months or until it’s declared terminated, whichever occurs first.

Russia warns of global collapse, massive shifts taking place in the world

Russia warns of global collapse, massive shifts taking place in the world

Brad of Full Spectrum Survival talks about Russia's warning of global collapse, oil to hit $200 per barrel, and nuclear war on the table. Another great channel that proved especially precise over the past couple of weeks is Canadian Prepper. One of his recent…

Unexplained power outages across Taiwan

Unexplained power outages across Taiwan

Multiple counties and cities across Taiwan are experiencing unexplained power outages on March 3, 2022. At 09:00 LT (01:00 UTC) on Thursday, March 3, widespread power outages were affecting Taipei City, Kaohsiung City, Keelung City, New Taipei City, Hualien City,…

Energy prices skyrocket after Russia attacks Ukraine

Energy prices skyrocket after Russia attacks Ukraine

Gas and oil prices in Europe skyrocketed after Russia attacked Ukraine early Thursday morning, February 24, 2022. Meanwhile, stock markets around the world tumbled amid rising concerns while Euro plunged to its lowest level against the dollar since June 2020 and hit…