Tag Archives: Supply shortages

Forward… into the Past, by Bill Bonner

Posted on October 21, 2022 | Leave a comment

It’s hard for many people to accept, but their living standards going dramatically backward. From Bill Bonner at bonnerprivateresearch.substack.com:

The fuel crisis deepens, food shortages loom and the lights are about to go… out.

(Source: Getty Images)

Bill Bonner, reckoning today from Delray Beach, Florida…

A news item from Tuesday. OilPrice.com reports:

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

U.S. buyers are snapping up diesel cargos originally planned for Europe as the crisis deepens.

Reuters reported earlier this month that at least three tankers carrying diesel from the Middle East had changed their course mid-journey and were now traveling to the United States. And this new competition is about to intensify.

…Europe is in for a major diesel supply shock because of low inventories and strong demand. And the level of inventories had a lot to do with the unplanned outages at European refineries before maintenance season, including the four-week drop in French fuel output amid the workers’ strike.

Why are supplies running short? Because of America’s proxy war against Russia? Because virtual-signaling investors have taken their money out of the energy sector? Because oil and gas companies are not investing in new refineries, new wells, or new pipelines? Because governments are declaring war on fossil fuels, and pledging to exterminate them? Because inflation has made long term investing (the kind you need in the energy sector) too uncertain and too risky for most investors?

Continue reading→

Leave a comment

Posted in Civil Liberties, Collapse, Economics, Economy, Energy, Governments

Tagged

A Farming Insider Has Warned Me That The Coming Food Shortages Are Going To Be FAR WORSE Than We Are Being Told, by Michael Snyder

Posted on January 31, 2022 | Leave a comment

Can you think of anything that’s happened since Biden was inaugurated that has turned out to be not as bad as feared? No. Probably a good idea to take the above warning seriously. From Micheal Snyder at themostimportantnews.com:

The information that I am about to share with you is extremely alarming, but I have always endeavored to never sugarcoat things for my readers.  Right now, there are shortages of certain items in grocery stores across the United States, and food supplies have gotten very tight all over the globe.  I have repeatedly warned that this is just the beginning, but I didn’t realize how dire things have already gotten until I received an email from a farming insider that I have corresponded with over the years.  I asked him if I could publicly share some of the information that he was sharing with me, and he said that would be okay as long as I kept his name out of it.

According to this farming insider, dramatically increased costs for fertilizer will make it impossible for many farmers to profitably plant corn this year.  The following is an excerpt from an email that he recently sent me…

“Things for 2022 are interesting (and scary). Input costs for things like fertilizer, liquid nitrogen and seeds are like triple and quadruple the old prices. It will not be profitable to plant this year. Let me repeat, the economics will NOT work. Our plan, is to drop about 700 acres of corn off and convert to soybeans (they use less fertilizer, and we also have chicken manure from that operation). Guess what? We are not the only ones with those plans. Already there is a shortage of soybean seeds, so we will see how that will work out. The way I see it, there will be a major grain shortage later in the year, especially with corn. I mean, we are small with that. What about these people in the midwest who have like 10,000 acres of corn? This will not be good.”

Once I received that message, I wrote him back with some questions that I had.

Continue reading→

Leave a comment

Posted in Business, Collapse, Economy, Government

Tagged , ,