American Energy Bills Are Set To Soar This Winter
With more American LNG flowing to Europe, the United States may be facing increased electricity bills this winter.
American Energy Bills Are Set To Soar This Winter
With more American LNG flowing to Europe, the United States may be facing increased electricity bills this winter.
Angry Customers Demand Explanation As German Energy Bills Soar
Apart from already high energy bills, German customers will have a surcharge as of October, as part of a government plan to implement a so-called gas levy on consumers in order to help struggling energy firms.
Germany has recently announced it would impose a gas levy on consumers from October 1 through March 2024 as it aims to help energy providers and importers of natural gas, which are struggling with low Russian gas supply and very expensive alternatives to Russian gas. The new natural gas tax is set to cost German families, who will have to foot the bill for the tax, an extra $500 a year.
Meloni has bashed the migrant population – and praised Benito Mussolini.
Who is Giorgia Meloni, the far-right firebrand and Steve Bannon ally who might be Italy’s next prime minister?
As many as half of British households may be facing fuel poverty because of the inexorable rise in energy prices, EDF, the French utility that also has business in the UK, has warned.
Half Of UK Households Will Be In Fuel Poverty By January
Video via Double Down News
Biden, Truss commit to stand up against Russia, economic woes

Related:
New British Prime Minister Liz Truss vows to tackle energy crisis, ailing economy
[Yay for diversity bringing on more austerity] The nation’s third female prime minister named a top team diverse in gender and ethnicity, but loyal to her and her free-market politics. Kwasi Kwarteng becomes the United Kingdom’s first Black Treasury chief, and Therese Coffey its first female deputy prime minister. Other appointments include James Cleverly as foreign secretary and Suella Braverman as home secretary, responsible for immigration and law and order.
The United Kingdom’s Conservative Party has voted for Liz Truss to become its new leader, replacing Boris Johnson and making her Britain’s next prime minister. Truss served as foreign secretary under Johnson and has a record of “extreme neoliberal policies,” says British journalist George Monbiot. These include supporting tax cuts for the wealthy, deregulating the fossil fuel industry and refusing to regulate agricultural pollution. Monbiot also warns Truss will undermine the country’s model public health system and labor rights for organizing workers.
New U.K. PM Liz Truss Has “Extreme Neoliberal” Anti-Labor, Anti-Environment Record

Europe’s impending depression is not to be discounted in terms of its relevance to this side of the Atlantic pond. Since the turn of the century, US exports to the European Union have soared from $12.3 billion per month to $30.4 billion. That latter amounts to $365 billion on an annual basis.
Needless to say, when European GDP descends into a double-digit slide, demand for US exports will plunge, causing declines in production and employment on this side of the Atlantic.
Europe’s Coming Winter From Hell: Thanks for Your Sanctions War, Washington!
“The more pain we are all experiencing from the high price of gas, the more benefit there is for those who can
accessafford electric vehicles,” [Pete] Buttigieg
Rep. Massie Tears Apart Buttigieg’s Argument That Electric Cars Would Save Americans Money
Related:
The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.
‘EU may cut financial aid to Ukraine’
H/T: THE NEW DARK AGE
Related:
EU Stalls on Ukraine Aid as Fears Spike of Gas Crisis at Home
The European Commission also committed in May to finance the bulk of the reconstruction of the country, which could amount to $750 billion, according to Ukrainian government estimates. That could prove an even thornier debate for the EU as there’s no agreement over how to raise the funds. The commission’s offer scared some member states, wary of the massive effort required to rebuild the country and potential corruption issues, people familiar with the discussion said.
…
EU economy commissioner Paolo Gentiloni told ministers during the closed-door meeting that national governments need to ensure that the economic response to the war’s fallout is strong enough to avoid the risk of fatigue among Europeans, an EU official said. Gentiloni told reporters on Thursday that governments have a “duty” to mitigate the impact of higher prices, in particular of the energy bills, on the poor.
Trying to ward off any more protests, huh?! 🤷🏼♀️
You must be logged in to post a comment.