The situation is more than dramatic.
Germany’s social peace is in great danger.
Axel Gedaschko, head of GdW, a federation of German housing businesses
According to The Trends Journal, German officials and municipalities are now rationing hot water, dimming street lights, and shutting down swimming pools, as the prices of natural gas continue to skyrocket.
European Union Votes To Block 90% Of Russian Oil Imports By Year’s End *Update*
On July 11th Russia officially shutdown the Nord Stream 1 pipeline, the main gas line the flows into Germany, for 10 days due to maintenance. Gedaschko told the Financial Times, “Many in Berlin fear it will never reopen.”
In March and April, German industry’s gas use dropped by 11 percent and household consumption by 6 percent, according to a study by Berlin’s Hertie School, a private university,’ The Journal notes.
German economy minister Robert Habeck last month activated the second stage of a gas emergency plan, to cut some of the distribution of fuel for the industry. That since has now spilled over into residential housing.
The situation is tense and we can’t guarantee it will not get worse. We have to be prepared for the situation to become critical.
Habeck said last week
Per the FT, households are now reverting back to woodstoves and cleaning out their fireplaces. Sales of coal, wood pellets, and firewood have seen large increases.
The Trends Journal added,
The war in Ukraine and resulting Western sanctions will drive up consumers’ energy prices by 71 to as much as 200 percent this year, GdW said.
The annual cost of energy could add as much as an additional €3,800—equivalent to about $3,900—for a four-person household, compared to last year, it noted.
Prices could rise even higher, thanks to a measure underway in Germany’s parliament.
The measure would place a surcharge on all gas consumers, with the extra money being used to help keep gas importers from going bust.
If that were to happen, the entire energy sector could face a 2007-style meltdown, government officials fear, according to the FT.
Surging energy costs and the European Central Bank’s plan to raise interest rates when its governors meet next week has raised the prospect of a European recession from 30 percent to 45 percent, according to economists polled by Bloomberg last week.
Germany Increases Food Prices By 20-50%
And as further evidence that Germany is facing serious energy problems, last week the country’s largest residential landlord Vonovia will reduce heating for tenants in many of its apartments at night, in a bid to conserve energy. A spokesperson said they will reduce the temperature to 17 degree Celsius between 11 p.m. and 6 a.m.
The company owns roughly 490,000 apartments in Germany and heats their apartments via different energy suppliers.
Reuters reported, ‘Tenants will be able to use their heating as usual during the day and in the evening hours, and the rationing will not affect hot water supply. The reduced heating schedule will be rolled out gradually over the coming months and will be fully in place by the start of autumn.’
AUTHOR COMMENTARY
Take his garment that is surety for a stranger: and take a pledge of him for a strange woman.
Proverbs 20:16
Germany and the rest of Europe will be facing a cold winter this year, as everything else across the board, namely energy, will balloon to even more ridiculous heights later this year; because they wanted to levy absurd restrictions against “mother Russia.“
Give it some more time and Germany and other Europeans nations will starting taxing and banning residents from using woodstoves and fireplaces…
As I have said in previous articles, Europeans, Americans, Canadians, should seriously consider getting winter supplies ready now before the fall season arrives, and the masses rush to the stores and pick the shelves clean. Get things that are not attached to the grid.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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Glad I have a large tank full of propane and some emergency portable solar power, though the solar is more for running a fan in the case of a summer power outage than heating. Even so, there’s going to be a lot of people without this winter, those who were too playful and careless to prepare as well as a lot of innocent children who suffer due to the neglect of their parents in regard to the situation.
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Hello brother jacob, i just wanted to say that the Netherlands is already trying to ban residents from using wood stoves (since according to ‘experts’ it’s harmful for the environment (idiot’s)) they are not yet taxing people for using and having them but that will come soon enough