So the WEF disciples continue on their mission, under the guise of climate change, to pursue their agenda to enrich the elite and impoverish and potentially starve the masses ?

They want to shut down farms and cut cattle farming in the Netherlands, and now they propose the same in Ireland.

https://twitter.com/RadioGenova/...t=scTHf1nLv09c3PpOu8nh8Q

https://www.irishtimes.com/busin...t&utm_medium=twitter

(Meanwhile in the UK https://www.pkfsmithcooper.com/n...-up-to-100000-to-retire/)

It's all about oil and gas and coal now

It's laughable having told everyone no more petrol cars after 2030 and then berate oil companies for not investing in new fields and production.

Oh and those rare earth metals from Russia, needed for batteries and EVs ?

Germany's dependence on gas is borne of 'nuclear power, nein danke' and the destruction of their coal infrastructure.

Now it's backfiring and people are facing devastating energy costs.


Thank the greens, they have done this. Those pointing out the problems have been vindicated, only now is dumb government waking up.

Oil is $110 in the middle of Summer. By Winter might be $150. Petrol at 240p.

Go woke, go broke....

On the contrary...


(To be fair, recent timescales - see 1&3 year numbers under - tell a different story. And selling INRG at the peak of its 2020 bubble to buy languishing but about to take off energy stocks at the bottom would have been a fabulous trade! Be interesting to see what this looks like in another five years.)

Some great graphics lads.
About three weeks ago I read a report from some expert from some organisation or other, don't remember which, but what I do remember is what was said. If the conflict in Ukraine was to end right now, it would take years for the world to return to any resemblance of normality. In Ukraine alone, their grain harvest is in a mess, price of food products will still be high, I was in the supermarket last Wednesday and there was a sign on the window warning people with allergies that due to the conflict sunflower oil will be substituted for other oil and they would advise when a substitution was made when possible but if unsure they should read the label.

Food products may not go back to ‘normal’ in such circumstances, but a number are already falling and some back to pre-war prices. Clearly Russia is stealing and selling grain from east ukraine into the world market. The EU is trying to ship grain out of the bulging ukraine warehouses. It also seems prospects for some harvests look good (away from ukraine). Even if food prices are still high next year, as long as they are not higher or are somewhat lower that will be highly disinflationary.

Oil & Gas are the biggest issue, especially with the fire at the US LNG plant (which might be Russian action) which means they cant liquify and export all their gas - gas price in the US is falling while in Europe it rises. Oil price is being hugely exacerbated by (1) lack of refining capacity, and (2) the huge appreciation in the dollar. Oil was $110 a barrel some years back and the world survived but petrol was £1.40 a litre then, now it is £1.90 with the same oil price because of (1) and (2).

Hopefully there are some oil producers eager to pump more at today’s high prices and there will be huge political pressure on US producers. Unfortunately I think senile Biden cancelled a pipeline to Canada. The other factor is China as they are buying Russian oil at a discount - will they hoard it, or effectively use it so it remains part of the world supply.

UK urgently need to raise interest rates - a 1% rise immediately to bolster the £. But the BoE is politically captured and run by an incompetent so it won’t happen. Doing the wrong thing in the short term will cost the Tories any chance at the next election but they remain run by donkeys.

We need rid of all the woke WEF poodle leaders - Macron, Trudeau, Rutte, Van der Leyen, etc