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Global Energy Crisis: China Coal Inventory Nears Record Low, Nation Suffers Worst Outages in a Decade; LNG Prices Hit New Highs; Brent Crude Soars

Global energy reserves are hitting all-time lows and prices are soaring.

Failed renewables, poor foresight, and a historically long and cold NH winter of 2020-21 are now pricing ordinary folk out of the market — as one UK charity recently put it, the poorest will soon have to choose between eating and heating.

Energy prices impact EVERYTHING, including the availability of food.

China Coal Inventory Nears Record Low, Nation Suffers Worst Outages in a Decade

In past years, when the calendar flipped to September, China set to replenishing their coal inventories ahead of the looming cold winter months. This year, however, coal is so scarce that the nation is struggling –and in many cases is failing– to merely keep the lights on.

As of September 21, the total stockpile of thermal coal –used to generate electricity– held by the nation’s six major power-generation groups stood at just 11.31 million tonnes — a shockingly-low reserve.

To put it in perspective, 11.31 million tonnes is capable of meeting China’s energy demand for just 15 days.

State media reports that of China’s 31 provincial jurisdictions, 20 have been forced to implement electricity-rationing measures since mid-September, making it one of the most extreme examples of energy rationing in the nation’s history, especially considering the impact it is having on regular households, and given that we’re only in September, when demand is low.

Power cuts in China are usually restricted to industrial users, but their frequency has risen since the second half of last year and have now been extended to households. The country’s 1.4 billion inhabitants are on for a tough winter of 2021-22.

With China struggling to generate enough electricity, Inner Mongolia (pictured) has seen its coal output disrupted amid corruption probes into the development of mines. Photo: Xinhua
Mongolia’s coal-fired plants (example above) have struggled with demand, after the region suffered its most extreme winter on record in 2020-21.


LNG Prices Hit New Highs

Liquefied natural gas (LNG) prices are set to spike further this winter and will likely surpass previous records set last winter as inventory levels remain historically low.

Asian spot LNG prices hit $29 per million British thermal units (mmBtu) this week, and are expected to remain well above $25 per mmBtu all winter, said Jeff Moore, manager of Platts’ Asian LNG Analytics division.

A cold 2020-21 winter pushed spot prices to a record high $32.50 per mmBtu in mid-January as gas inventory was drawn down to meet the demand surge, explained Moore.

Following that, a pick up in economic activities from the easing of coronavirus-induced restrictions in many countries sent demand spiking further, causing gas storage levels to fall to multi-year lows towards the end of summer, said Sid Bambawale, LNG trading manager at Vitol.

“This week, we start the winter season. It’s going to come down to one thing and that’s the weather,” he said, adding that a cold winter will send prices surging further, which in turn would threaten blackouts for potentially hundreds of millions of people.

Cold temperatures, as you would expect, increase demand for gas for heating and limited storage capacity means companies are not able to stockpile volumes ahead of time.

Record high Dutch TTF gas prices are also having a direct impact on Asian prices and are sending a ripple effect throughout the entire industry, said Denis Bonhomme, vice president of LNG at TotalEnergies China.

Dutch TTF gas sky-rocketed 10 percent on Monday alone, to 78 EUR/MWh. This was due to, among other things, to new weather models which foresee a colder than expected winter.

“That causes nervousness,” said Matthuas Detremmerie, trader for energy supplier Elindus. 

In Britain, for example, gas prices have more than trebled over the past year — a brutal winter will only compound the misery.

“It’s a tense outlook this winter,” concluded Bambawale.

Prepare…

Brent Crude Soars

Rising oil price –oil has been on the march for five days in a row now– is also playing a key role in all this.

Brent oil shot above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is running ahead of supply and depleting inventories–so says the opening lines of a recent worldoil.com article.

Oil’s latest climb comes in line with forecasts for surging demand this winter, and speculation that the industry isn’t investing enough to maintain supplies. The jump to $80 is also adding inflationary pressure to the global economy. European natural gas, carbon permits and power rose to fresh records this week, with no signs of the rally slowing.

Oil prices could hit $90 this year as stock drawdowns deepen, says Goldman Sachs. 

Much of the outlook for the rest of the year will hinge on just how cold the northern-hemisphere winter gets, continues the worldoil.com article. And, as touched on above, winter is set to be a doozy as historically low solar activity continues to impact global temperatures — these coming cold months could-well go down as the first of the modern Grand Solar Minimum winters.

Energy shortages and a looming colder-than-average winter — welcome to the controlled demolition of the empire.

And Finally…

Below are pertinent points sent to me by John Shanahan, Civil Engineer, and Editor of allaboutenergy.net:

1) Reliable, affordable, plentiful energy is the only real currency. All paper currencies, even gold, are only worth the trust people put in their governments or how they value gold. With energy from fossil fuels and nuclear power you can do work for retail businesses, manufacturing, heavy industry, transportation, mining, space heating and cooling, food production, communications, information processing, knowledge preservation, education, tourism, entertainment, cell phones, the Internet, and vacations.

2) Since the 1960s, individuals and organizations have worked continuously to stop the progress made possible by fossil fuels, nuclear power, and their myriad of by-products. These people want the world to return to the level before fossil fuels, before 1800 AD. This is criminal, in my opinion, worse than almost all crimes ever committed. It would force the reduction in world population from about 7.9 billion (2021) to less than 1 billion (1800 AD). That will be a slaughter of 6.9 billion people, more than killed by all the wars, plagues, famines, etc. throughout history.

3) Alarmists, many media, and many politicians in North America and Europe are participating in this crime. This was unimaginable to me in the 1950s.

4) If these alarmists succeed in forcing everyone to stop using fossil fuels and nuclear power and impose wind and solar on North America and Europe, both continents will become economic, political, and learning backwaters. They will fall victim to others who are stronger, just like in nature from the smallest to the largest creatures. Nature recycles everything that isn’t alive, strong, healthy and able to control its environment.

One example of terrible things being done to dismantle the modern world is the completely unscientific false alarms that the increase of atmospheric carbon dioxide from 280 ppm (parts per million) in the atmosphere in 1800 AD to 430 ppm today is causing life in the oceans to die. Most of Earth’s history has had atmospheric CO2 at levels far higher than today.


Regarding the Washington Post article from September 14, 2021, “Nuclear fusion goal one step closer with creation of 2 innovative magnets.” Fusion nuclear power on Earth requires numerous small copies of the process in the sun to be working continuously around the world. I don’t expect that any time soon, if ever on a large scale. The first paragraph claims that fusion is an energy source key to the fight against climate change. That kind of writing wouldn’t appear in the lowest level comic book, much less should it be written in the Washington Post.

1) If fusion energy won’t be available worldwide for a long time, if ever, how is fusion nuclear power going to help in the ‘fight against man-made climate change’ supposedly from use of fossil fuels in the next 10, 20, 50 years that our government is forcing us and the world to believe? See U.S. Special Presidential Envoy for Climate, John Forbes Kerry (JFK – 2).

2) The reality is that global and regional climate change are completely natural processes that can not be controlled by humans. Climate of urban areas and flood areas affected by dam controlled rivers can be changed by humans.

3) The Washington Post’s statement that fusion nuclear energy is key to the ‘fight against climate change’ is terrible journalism for a key American newspaper.

John Shanahan’s statements above are backed up by 2,300 articles, reports, PowerPoint Presentation, eBooks, and videos on the website: allaboutenergy.net.

The COLD TIMES are returning, the mid-latitudes are REFREEZING, in line with the great conjunction, historically low solar activitycloud-nucleating Cosmic Rays, and a meridional jet stream flow (among other forcings).

Both NOAA and NASA appear to agree, if you read between the lines, with NOAA saying we’re entering a ‘full-blown’ Grand Solar Minimum in the late-2020s, and NASA seeing this upcoming solar cycle (25) as “the weakest of the past 200 years”, with the agency correlating previous solar shutdowns to prolonged periods of global cooling here.

Furthermore, we can’t ignore the slew of new scientific papers stating the immense impact The Beaufort Gyre could have on the Gulf Stream, and therefore the climate overall.


Prepare accordingly— learn the facts, relocate if need be, and grow your own.

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Grand Solar Minimum + Pole Shift

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12 Thoughts to “Global Energy Crisis: China Coal Inventory Nears Record Low, Nation Suffers Worst Outages in a Decade; LNG Prices Hit New Highs; Brent Crude Soars”

  1. wvweights

    You know if the mental case……biden….had not cut out fracking, etc we could have kept on selling our gas/oil to those that need it. BUT due to his mental breakdown we can not even produce enough for our own, much less provide for those that need it. Yep mental/young girl groper sure did a good job (NOT).

  2. AZ1971

    To go along with the drawdown of coal and NG in China, here’s a nugget from Yahoo! News about world food costs that are set to soar thanks to a dismal harvest forecast in China: https://news.yahoo.com/world-food-costs-risk-soaring-084117551.html
    Here in Phoenix, AZ I’m seeing more and more shelves empty of nearly any product imaginable as claim about why falls to the backlog in shipping (either sitting idle in port waiting to be unloaded, or shipped across country via truck.) One has to wonder how long the smoke-and-mirrors can continue hiding the truth.

    Time will tell.

  3. Andrew

    This is a little taster of what green lockdowns would be like, just a taste. The real thing would be long drawn out and we’d all be reverting to cannabalism.

  4. Ice Age Eugenics and Biodigital-Convergence Now.Info

    In politics [and long term technocratic eugenics planning], nothing happens by accident. If it happens, you can bet it was planned that way. – Franklin D. Roosevelt

  5. EUROPE IS SWITCHING BACK TO COAL TO SURVIVE BLEAK WINTER
    https://wattsupwiththat.com/2021/09/26/europe-is-switching-back-to-coal-to-survive-bleak-winter/

    TOLD YOU SO, 8 YEARS AGO.
    (excerpt)
    https://wattsupwiththat.com/2013/10/31/blind-faith-in-climate-models/#comment-1130954
    AN OPEN LETTER TO BARONESS VERMA, OCTOBER 31, 2013, BY ALLAN MACRAE
    [excerpt]
    So here is my real concern:
    IF the Sun does indeed drive temperature, as I suspect, Baroness Verma, then you and your colleagues on both sides of the House may have brewed the perfect storm.
    You are claiming that global cooling will NOT happen, AND you have crippled your energy systems with excessive reliance on ineffective grid-connected “green energy” schemes.
    I suggest that global cooling probably WILL happen within the next decade or sooner, and Britain will get colder.
    I also suggest that the IPCC and the Met Office have NO track record of successful prediction (or “projection”) of global temperature and thus have no scientific credibility.
    I suggest that Winter deaths will increase in the UK as cooling progresses.
    I suggest that Excess Winter Mortality, the British rate of which is about double the rate in the Scandinavian countries, should provide an estimate of this unfolding tragedy.
    As always in these matters, I hope to be wrong. These are not numbers, they are real people, who “loved and were loved”.
    Best regards to all, Allan MacRae
    “Turning and tuning in the widening gyre, the falcon cannot hear the falconer…” Yeats

  6. https://wattsupwiththat.com/2021/09/26/europe-is-switching-back-to-coal-to-survive-bleak-winter/#comment-3352569

    … AND WE NAILED MOST OF IT IN 2002:

    Well, there is the perfect Trifecta – my work here is done:

    In 2002 co-authors Dr Sallie Baliunas, Astrophysicist, Harvard-Smithsonian, Dr Tim Patterson, Paleoclimatologist, Carleton, Ottawa and Allan MacRae wrote:
    http://www.friendsofscience.org/assets/documents/KyotoAPEGA2002REV1.pdf

    1. “Climate science does not support the theory of catastrophic human-made global warming – the alleged warming crisis does not exist.”

    2. “The ultimate agenda of pro-Kyoto advocates is to eliminate fossil fuels, but this would result in a catastrophic shortfall in global energy supply – the wasteful, inefficient energy solutions proposed by Kyoto advocates simply cannot replace fossil fuels.”

    Allan MacRae published on September 1, 2002, based on a conversation with Dr. Tim Patterson:
    https://wattsupwiththat.com/2009/01/10/polar-sea-ice-changes-are-having-a-net-cooling-effect-on-the-climate/#comment-63579

    3. “If [as we believe] solar activity is the main driver of surface temperature rather than CO2, we should begin the next cooling period by 2020 to 2030.”

    MacRae modified his global cooling prediction in 2013, or earlier:
    3a. “I suggest global cooling starts by 2020 or sooner. Bundle up.”
    https://wattsupwiththat.com/2013/12/02/study-predicts-the-sun-is-headed-for-a-dalton-like-solar-minimum-around-2050/#comment-1147149

    See electroverse.net for extreme-cold events all over our planet.

    1. The Mronz

      Spot on Allan.
      Europe’s, and especially the UK’s, energy policy has swung full circle to bite itself in the backside before it’s barely been implemented.
      In the face of a bleak winter I wonder who’s going to break ranks first and do the right thing by looking after their citizens rather than doggedly pandering to the fad of ‘climate change’?

  7. Anonymous

    China got in this situation by banning coal purchases from the world number two coal exporter( Australia)

    1. C. Paul Barreira

      Quite so. And easily rectified—or is it? It makes for an interesting political quandary, amusing if it were not so serious.

  8. Love

    China is looks like a disaster waiting to happen. China sucessfully created an artifical sun in 2018 that reached a temperture of one hundred million degees. The suns center is fifteen million degrees and China wants to suspend the plasma in a reactor.
    The managed it for a short time.
    And although climate naturally changes and they are aiming toward global control, China has a way of destroying their own local habitat.
    Their Gobi desert keeps growing swallowing 2250 miles of grass land per year while China contintued deforestation cutting trees down and draining ground water for farming. Air dries of moisture with little to no rain while turning everything arid and dry ready to burn like california drying always on fire.
    Twenty seven percent of China is desert compared to the USAs total coverage of 12 percent.
    China planted a green barrier of 66 billion tress to stop the desert and the trees died because people stopped watering them and the trees developed disease. Sand dunes are now fourty four mile from Beijing plus China had to relocate albout seven hundred thousand people because of expanding desert.
    And Im wondering about those bible verses in Revelations that say the kings of the east after some event occurs will move their armies over north Africa west for Amegedon? China is already in Africa.

  9. https://wattsupwiththat.com/2021/06/07/carbon-cycle/#comment-3264363

    The following is the cutting edge of the science:

    The huge decline in fossil fuel consumption during the year-plus Covid-19 lockdown had NO impact on atmospheric CO2 increase – more evidence that Ed Berry’s latest book and paper are correct – see below.

    My friend Ed says the increase in atmospheric CO2 is primarily natural, not man-made. The smartest people on the planet think he is correct.

    More evidence supporting Berry:

    Atmospheric CO2 changes lag temperature changes at all measured time scales. (MacRae, 2008). Humlum et al (2013) confirmed this conclusion.

    Kuo et al (1990) and Keeling (1995) made similar observations in the journal Nature, but have been studiously ignored.

    IF CO2 is a significant driver of global temperature, CO2 changes would lead temperature changes but they do NOT – CO2 changes lag temperature changes.

    Think about that: Kuo was correct in 1990, and for 31 years climate science has ignored that conclusion and has been going backwards!

    Climate Sensitivity (CS) to CO2 is a fiction – so small, if it even exists, it is practically irrelevant.

    “The future cannot cause the past.” Here is the proof, from my 2008 paper:
    https://www.woodfortrees.org/plot/esrl-co2/from:1979/mean:12/derivative/plot/uah6/from:1979/scale:0.18/offset:0.17

    In the modern data record, the lag of atmospheric CO2 changes after atmospheric temperature changes is ~9 months. This is an absolute disproof of the CAGW hypothesis, which states that increasing CO2 drives temperature. “The future cannot cause the past.”

    In my 2019 paper below, I explained why the lag is ~9 months – it is basic calculus, the 90 degree (1/4 cycle) lag of the derivative and its integral, which is the ~3 year ENSO period.

    My 2008 paper remains very important. My 2008 conclusion was confirmed and expanded by Humlum et al in 2013, for which I am grateful.

    My 2008 paper has been cited by Ed Berry in his 2020-21 book and related paper, which is at the cutting edge of climate science.
    “CLIMATE MIRACLE: THERE IS NO CLIMATE CRISIS – NATURE CONTROLS CLIMATE”
    amazon.ca/Climate-Miracle-climate-crisis-controls-ebook/dp/B08LCD1YC3/

    “PREPRINT #3: A NEW CARBON CYCLE MODEL SHOWS HUMAN EMISSIONS CAUSE 25% AND NATURE 75% OF THE CO2 INCREASE”
    https://edberry.com/blog/climate/climate-physics/preprint3/

    All warmists and most skeptics argue about the magnitude of climate sensitivity to increasing CO2, and whether the resulting CO2-driven global warming will be hot and dangerous or warm and beneficial. Both groups are probably wrong.

    There is a high probability that the mainstream climate debate about the magnitude of CS is wrong – a waste of decades of vital time, tens of trillions of dollars of green energy nonsense and millions of lives. Vital energy systems have been compromised, damaged with intermittent, unreliable wind and solar generation – a debacle.

    It is important to note that Global Cooling is happening now, even as CO2 concentration increases – another disproof of the global warming fraud.

    Cheap abundant reliable energy is the lifeblood of humanity – it IS that simple. The green sabotage of our vital energy systems, whether innocent or deliberate, has cost lives and could cost very many more.

    Regards, Allan MacRae in Calgary

  10. CONCLUSIONS FROM MY THREE PREVIOUS NOTES

    https://wattsupwiththat.com/2021/08/31/claim-climate-change-up-to-95-of-ocean-surface-climates-may-disappear-by-2100/#comment-3332279
    By Allan MacRae
    (excerpt)

    Rode and Fischbeck, professor of Social & Decision Sciences and Engineering & Public Policy, collected 79 predictions of climate-caused apocalypse going back to the first Earth Day in 1970. With the passage of time, many of these forecasts have since expired; the dates have come and gone uneventfully. In fact, 48 (61%) of the predictions have already expired as of the end of 2020.
    https://wattsupwiththat.com/2021/02/25/the-risks-of-communicating-extreme-climate-forecasts/

    Climate doomsters have a perfect NEGATIVE predictive track record – every very-scary climate prediction, of the ~80 they have made since 1970, has FAILED TO HAPPEN.
    Fully 48 of these predictions expired at the end of 2020. Never happened! Never will!
    What are the odds at 50:50 per prediction? 3.6*10^-15 = 0.0000000000000036 THAT IS ONE IN 281 TRILLION!
    There is a powerful logic that says no rational person or group could be this wrong, this utterly obtuse, for this long; they followed a corrupt agenda, and they lied again and again.

    THE ABILITY TO PREDICT IS THE BEST OBJECTIVE MEANS OF ASSESSING SCIENTIFIC COMPETENCE, AND THE GLOBAL WARMING ALARMISTS HAVE NO PREDICTIVE TRACK RECORD – THEY HAVE BEEN 100% WRONG ABOUT EVERYTHING AND NOBODY SHOULD BELIEVE THESE FRAUDSTERS – ABOUT ANYTHING!

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