The last time Britain had a winter of discontent—1978-79 saw general strikes and riots which brought the government to its knees.
It will be a winter of discontent—Thousands of militant strike actions are on the cards in Europe as the governments and company bosses are expecting workers to pay for the staggering energy price hacks and inflation coming our way.
That extremely loud warning, deafening, and unbelievably close by, I mentioned here just got even louder and even closer. . .
Europe has now been warned, that not only are its energy prices, gas, and electricity expected to more than triple by next January but, what little gas there is, will probably have to be rationed as well, according to energy giant Shell.
Last month, Germany was the first European country to move toward gas rationing by triggering a three-system 'alarm' stage of an emergency gas plan amid fears of tighter supplies. Germany's fears increased earlier this week when the gas pipeline supply from Russia was cut-off for ten days for maintenance repairs but many experts believe they won't be turned back on.
The Italian government is under massive pressure after their energy giant Eni revealed last month it was only getting half of its requested 63 million cubic meters a day from the Russian suppliers Gazprom.
Hungary’s government has declared an “energy emergency” in response to supply disruptions and skyrocketing energy prices in Europe, an official said Wednesday. There is “unlikely to be enough gas in Europe for the autumn and winter heating season,” said Gergely Gulyás, Prime Minister Viktor Orbán’s chief of staff.
Leaks have forced a stoppage at a Norwegian gas platform in the North Sea, Reuters reports. A Norwegian gas platform and the transportation hub Sleipner Riser at the same field were shut down on Tuesday after separate gas leaks occurred, operator Equinor said. The company indicated it was unclear when operations would resume. "A gas leak at the Sleipner A [platform] occurred yesterday morning," an Equinor spokesperson stated, adding "No person was injured and production was shut. When we tried to restart, a new gas leak occurred, late Monday night. "Sleipner Riser is a key hub for the transport of North Sea gas to Britain and Belgium.
According to a report on the BBC, Europe's gas stocks are only 62.6% full and there are fears that meeting the target of at least 80% for winter will be difficult. Several countries, such as Poland, Bulgaria, Finland, Denmark, and the Netherlands had their Russian gas deliveries suspended after they refused a Russian demand to pay in roubles. The UK imports less than 5% of its natural gas from Russia, but is reliant on Norway for a third of supplies. There are concerns that if Russia cuts supplies to the European Union further, or the bloc boycotts purchasing gas, then competition for supplies would increase. Which would push up prices even further, not just in Europe but around the world.
To make matters worse Europe is in the grip of a record-breaking heatwave with temperatures hitting 40 deg C, 104 deg F in many areas which is expected to continue well into next week, and for some, this heatwave is the second and third of a summer which has just begun.
Thousands of residents and holidaymakers have been evacuated from towns and villages in France Portugal and Spain as the inevitable wildfires explode. The heatwaves have already claimed hundreds of lives.
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