Energy Crisis 2.0 in the New World Order era

[DrBeer]

Observing the situation on the energy market I observe a surprising picture. After hysterical and hasty attempts of the world terrorist country to destabilize the world energy market, after huge information pressure of the whole world, and promises to freeze, immobilize, ruin.... The market adapted quickly enough ! Hysterical statements, threats, even oil and gas from the country of the terrorist stopped buying in huge volumes, having found other adequate suppliers. And - nothing happened, the world did not collapse. It is very happy that the world, even with internal contradictions, finds strength and common sense, and solves artificially created problems!

what i observed, from the UK although we produce our own oil/fission energy that enters our country domestically, we were slaves to the US controlled international market, even for our own supplies to ourselves.. so when the russia/ukraine stuff occurred. it did affect our own domestic prices of energy..* our country even had to hand out social security 'energy/living cost' payments of £300($380) 3 times a year

i would actually prefer a system that is less controlled by one central US market. where if we make our own energy we get to price it to ourselves at our own costs. and any excess we dont need we could set our own prices on the international market

because the UK is in the north and smaller land mass compared to say spain france, our position of solar potential is not as much as spain, nor as early in the day as france. so when we become reliant on solar and other renewables in a couple decades. we then become more ransomed to the EU supplies for our morning coffee and bean on toast(mainly central/eastern europe to supply us with energy first thing when people wake up and use electric showers, lights and kitchen appliances to get ready on dark days of winter mornings**

*(and i say all this when living in a region that has its own nuclear power plant, which still didnt keep my bills down, when my energy is nuclear based)

**right now at nearing 4:am UK we are in complete night time. however eastern Ukraine is in complete daylight. so if they joined EU and UK had trade deal with EU we could be servant to energy imports of eastern Ukraine for energy at 4am during winter mornings


this too seeds into land fighting over the eastern ukraine land. look at the other countries like spain france that can gain early morning(dark night) energy from full daylight eastern ukraine if it was part of europe.. i know blackrock see the potential when peoples heating switches on before they get out of bed

(same goes for land disputes for using western africa for UK/EU's evening heating and household needs, though i see it more likely to be a cable running from canada to greenland to iceland to UK to import canada's excess daylight energy when uk/EU goes dark)

I have been to both Britain and Scotland. Indeed, the climate is harsh, and the geographical position affects it - both the more “northern position” and the surrounding water, which also affects the climate.

And of course I agree that, for example, solar power plants are not the best option. But.. A large coastal zone - as for me it is possible to use, for example, wind generators, tidal stations, wave stations,...
It seems to me that in the modern world, when we understand that fossil resources (now we are talking about energy resources) have limited easily extracted reserves, and have recently been used for economic terrorism, it is worth making efforts to build alternative energy and industry.

An alternative way is to build stable alliances that can build symbiotic economic projects within the framework of mutually beneficial cooperation. For example, Great Britain can invest (after the liberation of Urkiana from the Kremlin occupiers) money in the construction of, for example, a powerful solar farm in the Zaporozhye region (southern Ukraine, a convenient territory for such projects). Ukraine receives investments, jobs, taxes, Great Britain receives cheap electricity. Everyone benefits, everyone is happy.

[1714689142]

1714689142

[1714689142]

1714689142

[1714689142]

1714689142

[1714689142]

1714689142

[franky1]

the UK can do tidal and wind. but that also is battery charged energy to store excess to use when the water is calm and the wind is low. so yes aliances with neighbouring countries is in the plan too.. selling when in excess. and buying when in demand.

as for the ukrainian situation.. blackrock is investing in what they call "aiding the future rebuild of eastern ukraine".. and yes that is going to be power production.. not just house building

https://www.president.gov.ua/en/news/prezident-proviv-zustrich-iz-kerivnictvom-najbilshoyi-u-svit-82725

The main goal of the fund's creation is to attract private and public capital for implementing large-scale business projects in Ukraine
..
According to him, for the transparency and success of the project implementation, Ukraine attracts the best financial and consulting organizations in the world — BlackRock, JP Morgan, McKinsey, and others.

The President said that the creation and launch of the fund would make it possible to attract capital and start the active reconstruction of the country's economy and the creation of new enterprises immediately after the cessation of active hostilities
...
"We will be able to offer interesting projects to invest in energy, security, agriculture, logistics, infrastructure, medicine, IT, and many other areas. We want global partners to come who can provide us with large investments," Zelenskyy said.

none of that announcement says things like "we want blackrock to rebuild only our citizens bombed houses

other things like
https://claverton-energy.com/prospects-for-trans-atlantic-undersea-power-transmission.html (canada to iceland to UK/europe)

canada-greenland:
The proximity of Western Greenland to Eastern Canada offers the possibility of extending the submarine power cable to Eastern Canada. There are 2-possibilities by which to connect the power cable between Greenland and Eastern Canada

greenland-iceland:
Like Iceland, Greenland is sparsely populated with potential to generate electric power from renewable energy that far exceed the needs of the local population. The comparatively short distance of shallow ocean water across the Greenland Sea between Iceland and Greenland offers the potential to extend a submarine power cable to include Greenland. Greenland and Faroe Islands are both provinces of Denmark that have potential to develop renewable energy resources.

Iceland – Scotland – Germany/denmark cable:
Iceland has an abundance of as yet undeveloped potential for geothermal energy, hydroelectricity and ocean tidal energy. The projected power output exceeds Iceland’s domestic needs and opens the door to explore means by which to market Iceland’s renewable energy internationally. Following initial research into installing a submarine undersea power cable between Iceland and Scotland, some follow-up research explored a possible connection between Iceland and Germany where there is a market for clean renewable energy.

https://balkangreenenergynews.com/several-undersea-power-cables-about-to-connect-europe-with-africa/

Greece and Egypt are in talks about the possibility to lay a 2 GW submarine interconnector on the bottom of the Mediterranean Sea and link their electricity systems. Several other projects are under development for the delivery of renewable energy from Africa to Europe.

[DrBeer]

the UK can do tidal and wind. but that also is battery charged energy to store excess to use when the water is calm and the wind is low. so yes aliances with neighbouring countries is in the plan too.. selling when in excess. and buying when in demand.
....
as for the ukrainian situation.. blackrock is investing in what they call "aiding the future rebuild of eastern ukraine".. and yes that is going to be power production.. not just house building
....
Greece and Egypt are in talks about the possibility to lay a 2 GW submarine interconnector on the bottom of the Mediterranean Sea and link their electricity systems. Several other projects are under development for the delivery of renewable energy from Africa to Europe.

1. Yes, symbiosis in economics and energy, with today's technologies, is a very good way of development!

2. Regarding Blackrock’s plans - yes, I know that, first of all, these are INVESTMENT projects, mutually beneficial to both parties. Restoring civilian infrastructure, including the construction of houses and entire cities destroyed by Russian terrorists, will be a concomitant project with the construction of infrastructure facilities, and this is logical!

3. I once read that in order to COMPLETELY supply Europe with electricity, theoretically in the Sahara it is possible to build a mega solar farm on the territory belonging to Algeria, Libya, and Egypt. I think the implementation of a similar project is a matter of time...

[franky1]

2. Regarding Blackrock’s plans - yes, I know that, first of all, these are INVESTMENT projects, mutually beneficial to both parties. Restoring civilian infrastructure, including the construction of houses and entire cities destroyed by Russian terrorists, will be a concomitant project with the construction of infrastructure facilities, and this is logical!

you think blackrock is organising giving ukraine funding NOW (to help end the war) and blackrock is going to receive land to rebuild... housing of the displaced!!? to give back to the citizens that got displaced!!?... um no, just no

again this is what blackrock will actually do in the eastern ukraine reason when peace occurs

We will be able to offer interesting projects to invest in energy, security, agriculture, logistics, infrastructure, medicine, IT, and many other areas. We want global partners to come who can provide us with large investments

notice the lack of charity/residential/restoring civilian livelihood wording
notice how they say about large investments of energy security agriculture logistics medicine and IT

average joe family farmer is not going to get his farm back after having all land mines and debris removed and re-toiled ready for family to return and farm.. instead blackrock will take the land as thanks for funding the war effort. and blackrock will pass that to big agri to run the farms
(ukraine pushed back at first on this but gave in later)

average displaced citizen isnt going to get their small home/cottage rebuilt so they can move back home for free as compensation for their displacement
instead blackrock wants to make "smart cities" which will be different. yes they can offer an apartment of a skyscraper or apartment block and give them jobs in the smart city. but those people will end up paying rent/needing a mortgage. to buy it from blackrock
ukraine government will have to decide how these rents/mortgages will be subsidised to pay blackrock for those that suffered and returned.. but generally most apartments will be filled with new workers with skills/talents fit for the smart cities

(its the same game as the border disputes/guerilla warfare in africa over the last 50 years that displaced many.. now for instance even ethiopia is seeing its has developed many cities even when showing world wide tv appeals for charity..  the displaced are 3 generations deep still displaced, whilst skilled/talented people from multiple countries have moved into the recently built cities)


in all the wars/atrocities of the last 100 years. how many stories have you heard of the asylum seekers finding safe harbour in other countries due to being displaced, later speak of their life story where they went back to their homeland and had a new house waiting for them or compensation that set them up for life.. none. you only hear how they might get like 1 years worth of rent to start them up in the new country they found safe harbour in.

blackrock(and many companies before it that have gained via wars), are going to build for their benefit, not the displaced citizens benefit
so expect new smart cities and land used to generate electric to feed the rest of europe and electric cabled neighbouring countries/regions

[Argoo]

2. Regarding Blackrock’s plans - yes, I know that, first of all, these are INVESTMENT projects, mutually beneficial to both parties. Restoring civilian infrastructure, including the construction of houses and entire cities destroyed by Russian terrorists, will be a concomitant project with the construction of infrastructure facilities, and this is logical!

you think blackrock is organising giving ukraine funding NOW (to help end the war) and blackrock is going to receive land to rebuild... housing of the displaced!!? to give back to the citizens that got displaced!!?... um no, just no

What Blackrock proposes, even taking into account the fact that you have exaggerated the picture too much, is still more acceptable for Ukraine than being swallowed up by the Russian horde, where the people of Ukraine will simply be physically destroyed. Of course, any foreign commercial company will offer its services for the restoration of Ukraine on favorable terms. But in Ukraine, even taking into account global warming, the climate will be quite comfortable for living, there are fertile lands rich in black soil, a well-developed industry, educated and hard-working people. Therefore, there should be many mutually beneficial proposals and Ukraine will be able to choose the best of them. It is more important here that officials in the Ukrainian government do not abuse their powers for personal gain.

[Ozero]

Thermonuclear fusion is a more promising option. Cheaper, safer, more effective. Among the disadvantages - at the moment there are no industrial solutions, there are only experimental installations. But in recent years, really good results have been achieved, and there is a high probability that within some time the world will be able to obtain a cheap, safe and virtually unlimited source of energy.

The American company RocketStar has already announced the creation of a new ion engine that includes thermonuclear fusion. The new engine will be used in missions to orbit later this year and uses water as fuel. But this nuclear fusion is different from the process of releasing huge amounts of energy through the fusion of hydrogen into helium, which occurs on the Sun.

RocketStar uses its version of neutronless fusion in its FireStar Drive engine. This is a pulsed plasma engine with advanced thermonuclear fusion technology, which uses water mixed with boron as fuel.

The operating principle of the engine is as follows: when a collision of water molecules and boron atoms occurs, the former disintegrate and protons are released at high speed. The protons then collide with boron atoms and fuse to form the highly unstable molecule carbon-12. It decays almost immediately into alpha particles and a beryllium nucleus, which in turn quickly decays into more alpha particles. After this, energy is released, which increases thrust by 50%.
It is predicted that with the help of such an engine it will be possible to travel to other stars.

https://focus.ua/technologies/636022-sozdan-kosmicheskiy-dvigatel-na-termoyadernom-sinteze-on-uzhe-gotov-k-poletu-foto

[Albarq]

I have heard a lot of stories about the energy crisis in the current era because of the high dependence on fossil materials which until now has been difficult to overcome because of long-standing use. The solution already exists but has not been effective until now. The energy crisis is of an unprecedented severity and Europe is The center of this crisis is the high demand for exports which continues to increase. The current energy crisis is much bigger than the oil shock in 1970 with the emergence of many environmentally friendly technologies. It is hoped that in the future it will be even better and solve current problems.

[pooya87]

The current energy crisis is much bigger than the oil shock in 1970 with the emergence of many environmentally friendly technologies.

The current energy crisis is a very mild one in comparison to the one in the 70's. If memory serves at that time the oil price went from about $3-$4 all the way up to $12-$15. By comparison the price has to go up to above $200.

Apart from price, the shortage was also a lot more severe. Arabs as the biggest energy suppliers cut the supply to the West. However, today these Arab dictators are in a much worse situation and owe their remaining in power to the Western colonizers. If they were to cut the supply, they would be toppled very quickly and very easily. So they may reduce their production since they can't face the Eastern hegemonies but they will never cut it entirely because they also can't go against their bosses' wishes!

[btc78]

I have heard a lot of stories about the energy crisis in the current era because of the high dependence on fossil materials which until now has been difficult to overcome because of long-standing use. The solution already exists but has not been effective until now. The energy crisis is of an unprecedented severity and Europe is The center of this crisis is the high demand for exports which continues to increase. The current energy crisis is much bigger than the oil shock in 1970 with the emergence of many environmentally friendly technologies. It is hoped that in the future it will be even better and solve current problems.

Europe has been pushing to become a much greener continent. They are advocating for the use of renewable energy in different fields. If we do not generate energy as fossil fuels run out, all global trade will come to a halt. It has been said that fossil fuel might run out at year 2060 so you can see why most countries are aiming now to become more environmentally sustainable.

But why is it still not effective? Well, we have become too dependent on fossil fuels and a lot of our processes can’t be done without great amounts of energy which renewable energy struggles to do so.

Since renewable energy come and go depending on weather conditions, it’s hard to store said energy. It is a regret that we have not yet found the absolute cure for this but I hope not only Europe but the whole world pushes for a green world.

[Volimack]

The world has gone through many global oil crises till date and I believe you are asking about the current oil crisis. Oil shortages are caused by rising oil prices, which are often accompanied by reduced oil supplies. As oil provides the leading energy resource for highly developed industrialized economies, an oil crisis could threaten political and economic power in the global economy.

[pooya87]

Remember last year the false arguments some users were making about OPEC countries reducing production while price drops? That was false because their reduction was supposed to start this year not back then. They just made the decision then and made it public.

Surely enough as they started cutting supply with the start of 2024, the price started rising and in first quarter of this year we are back to $90 a barrel again. Of course there are other contributing factors as I've already covered them multiple times, but this chart clearly shows the effects of that supply cut:

[Rockstarguy]

The world has gone through many global oil crises till date and I believe you are asking about the current oil crisis. Oil shortages are caused by rising oil prices, which are often accompanied by reduced oil supplies. As oil provides the leading energy resource for highly developed industrialized economies, an oil crisis could threaten political and economic power in the global economy.

The hardship, inflation that we are facing today is a result of the oil crisis. I feel we have put our hope in it so much for generating of money and as source of energy for innovation sndbi can see that this crisis is getting worse and it is causing more problems to the world in generations.  I feel if there are new innovations and will demand others source of energy like the hydro, it will help to reduce the crisis going on in the world because oil won't be much relevant because if we should look into effects of the oil crisis it is causing more harm to the humanity,  economy going down which is affecting everything, increasing the rate of poverty.  Some countries have channel all their attention to oil, they can't even think of other ways of developing new things.

[Wind_FURY]

Remember last year the false arguments some users were making about OPEC countries reducing production while price drops? That was false because their reduction was supposed to start this year not back then. They just made the decision then and made it public.

Surely enough as they started cutting supply with the start of 2024, the price started rising and in first quarter of this year we are back to $90 a barrel again. Of course there are other contributing factors as I've already covered them multiple times, but this chart clearly shows the effects of that supply cut:

That's inflationary, and that would definitely force the Federal Reserve to keep it "higher for longer", then start taking a more hawkish tone again. Plus as prices of services and commodities go up further, the people's savings will run out sooner or later, which would make them take on more debt that they can't pay.

Therefore if the people have no more to spend = Economic Collapse. Demand goes down, prices go down, the economy shrinks, and Crude Oil prices will go down despite having cut the supply.

¯\_(ツ)_/¯

[serveria.com]

Remember last year the false arguments some users were making about OPEC countries reducing production while price drops? That was false because their reduction was supposed to start this year not back then. They just made the decision then and made it public.

Surely enough as they started cutting supply with the start of 2024, the price started rising and in first quarter of this year we are back to $90 a barrel again. Of course there are other contributing factors as I've already covered them multiple times, but this chart clearly shows the effects of that supply cut:

Yes, indeed, oil prices have risen to the $90 area and experts predict that if OPEC won't increase production, prices are going to exceed $100 in Q3/Q4 2024. Perhaps Ukrainian trolls can comment? 

[Wind_FURY]

Yes, indeed, oil prices have risen to the $90 area and experts predict that if OPEC won't increase production, prices are going to exceed $100 in Q3/Q4 2024. Perhaps Ukrainian trolls can comment? 

That's probably a good time for the United States to increase their Crude Oil production further, no? Their domestic economy alone could buy more than 50% of that, with the rest of it going to other regions of the globe. The OPEC doesn't have the monopoly on the production of Crude Oil, therefore higher prices would also be advantageous for those countries like the United States, China, and Russia which do NOT belong to OPEC.

[franky1]

i got to repeat this as its worth repeating

inflation makes everything go up
we are not going to return to 1940-1970's prices where houses were $10k-$40k and oil was $20-$34 'norms' (average range)
we are not going to return to 1970-1990's prices where houses were $40k-$1m and oil was $21-$150'norms' (average range)


we are in the 2020's where prices of houses are $100k-$100m and oil is $21-$200+
we need to realise the natural average value of houses is not going to be <$40k
we need to realise the natural average value of oil is not going to be <$40

<$40k houses is the exceptional "dilapidated/needs total rebuild" of housing where its not 'turn key ready' average housing price expectations anymore

<$40 is the exceptional oil commodity market "crisis" of issues with commodity futures trading errors of over trading a commodity futures option but unable to hold/receive the underlying contracted oil at completion, thus causing mass resell to try to shift who gets left with commodity they cant hold

here in the UK in the 1990's when oil was <$40 car fuel was under £0.60 ($0.80/litre)
i am not under any delusions that oil should go back to <$40 as a "value/average" and i dont expect fuel costs to ever go back to $0.80/litre
the under $40 oil is an exception of a BAD market, not an expectation of good market function

..
in short
stop being shocked or horrified by oil prices being $90+.. instead expect it more often as its becoming the new norm to be above $90 more often.. its called inflation, remember we are not in the 1970's any more

[pooya87]

the people's savings will run out sooner or later, which would make them take on more debt that they can't pay.

When interest rates are high and going higher, people tend to spend less and not take any more debt on. That means it will only deepen the recession not increase their debt.
As for what this is going to cause, I agree with what you said but only under normal circumstances. In other words the "cycles" you describe will at some point lead to economic collapse before things restart again.

That's probably a good time for the United States to increase their Crude Oil production further, no?

I don't think it is possible to have a significant increase in production anymore. They've already done increasing it. Not to mention the more you extract fossil fuels the harder it's going to get to extract the rest as the pressure drops and the source empties so the production would naturally drop.