Norway warns its oil and gas production is in decline
It's not just New Zealand....and America
Does anyone else think that the Death Shots are a response to the steep decline in affordable energy?
Does anyone else think that governments are cloaking the energy crisis behind ‘green’ initiatives? Afterall, it is much more pleasant to believe all of this is just a hiccup on the way to a green utopia as opposed to ‘we are running out’.
Meanwhile… the sheeple go on munching grass, oblivious to the fact that civilization is about to end. The Ministry of Truth has done an incredible job of convincing them otherwise.
Does anyone else think that this would be a good time for humans to be exterminated? Before things get really nasty….
The looming gas crisis facing the West
For decades, Norway has been Britain’s leading source of imported energy.
However, that relationship may be set to come under strain after the Scandinavian nation warned that its vast oil and gas fields are in decline.
The threat of dwindling production would herald a potential energy crisis for the UK, which last year relied on Norway for half its gas and a quarter of its oil.
According to a new report from the Norwegian Offshore Directorate (NOD), the country’s oil and gas supplies peaked last year and are expected to dwindle from now on. Source
High energy prices and high carbon taxes have forced the closure of this strategic UK asset.
The UK, which used to be a major force in chemicals, employing a large and highly skilled workforce, has seen the closure of 10 large chemical complexes in the last 5 years alone and, in complete contrast to the USA, has not had one new chemical plant built for a generation.
Energy prices have doubled in the UK in the last 5 years and now stand five times higher than those in the USA. The UK cannot compete with such a huge disadvantage.
The synthetic alcohol, which is essential for the manufacture of many pharmaceutical drugs, is necessary for many of the new blockbuster drugs. It will now be imported.
The Scottish ethanol plant in Grangemouth is one of only 2 in Europe and since the start of production over 40 years ago, has produced the equivalent of 25 billion bottles of Scottish whisky.
Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrialising Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere. The UK, and particularly the North, needs high quality manufacturing and the associated manufacturing jobs. We are witnessing the extinction of one of our major industries as chemical manufacture has the life squeezed out of it.” Source
Related
Over the past fifteen months, growth in U.S. gas production has stalled. Indeed, in the past seven months, production has begun to contract. Since peaking in December 2023, U.S. dry gas supply has fallen by 3 Bcf per day—a 3% decline. Year-over-year data tells a similar story, with dry gas production now down by 1.2 Bcf per day, slightly more than 1%. Shale production declines
Over 8 billion humans on this planet.... and only one has made the connection between the Covid Vaccines... and the end of affordable energy.
Koh Samui looks like a fantastic bucket list location. I wish I could talk my wife into taking funds out of our retirement account to spend two weeks there right now when its cold and miserable here in Vermont. Might as well get some enjoyment out of it because we won't be retiring with it. Jay Hanson had it pegged in 2007 that the shit would hit the fan about now. Fracking and debt bought us another decade but now kicking the can has turned into a 42 gallon oil drum and there just isn't much time left.