Gas crisis continues… Stunning analysis from Bloomberg: Desperate Europeans return to world’s oldest fuel

Creation Date: October 09, 2022 13:36

Europe, which depends heavily on Russia for natural gas purchases, is preparing for the worst winter. A striking analysis came from Bloomberg regarding Europe, where many austerity measures are on the agenda.

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Beginning with Russia’s war on Ukraine energy crisis EuropeIt continues to affect deeply.

Preparing for the worst winter, Europe is working on a set of measures. Within the scope of these plans, citizens are constantly called to save.

The people, on the other hand, found the solution to turn to coal and firewood.

US-based Bloomberg reported this development to its readers with the headline ‘Desperate Europeans Turning to World’s Oldest Fuel for Warming’.

The following statements were included in the aforementioned news;

Wood prices in France nearly doubled, reaching 600 euros per tonne. Hungary went so far as to ban exports, and Romania limited the prices of firewood for six months.’

HIGH DEMAND MAY TAKE MONTHS

Emphasizing that there are signs in Europe that the world’s most basic fuel is purchased with panic, Bloomberg stated that the delivery of wood stoves may take months due to high demand.

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ENERGY CRISIS INCREASED LIVING EXPENSES

The report also included the comment that ‘the energy crisis intensifies the rise in living expenses, as Eurozone inflation hit double digits for the first time in September’.

In Switzerland, where saving measures were discussed, Simonetta Sommaruga, Minister of the Environment, Transport, Energy and Communications Department, advised the public to “take a shower together, not alone”.

Other suggestions Sommaruga gave for savings were to cool the refrigerator less, turn on your heaters less and use electricity more carefully.

‘DO NOT SHOWER, WIPE WITH CLOTH’

A recommendation similar to that of the Swiss minister had come from Germany recently.

Winfried Kretschmann, who governs the southwestern German province on the border of France and Switzerland, advised the public to wipe with a damp cloth instead of taking a shower.

Kretschmann stated that he also resorted to this method.

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