WEBVTT 00:01.520 --> 00:09.660 Get ready for energy lockdowns because they're already here right now for some countries 00:09.660 --> 00:13.560 And they are going to be rippling through the world 00:13.560 --> 00:18.040 Now if you have a weak disposition and you don't like anything 00:18.040 --> 00:24.020 Scary, you know, you're the sort of person that covers their eyes when it's something scary scene comes on the movie 00:24.020 --> 00:28.740 You probably shouldn't watch this video and I mean that very very seriously 00:29.460 --> 00:33.500 Because I am going to tell you the worst-case scenario that has been 00:34.100 --> 00:35.440 forecast and 00:35.440 --> 00:38.540 Even when I read it it really made my 00:39.020 --> 00:45.460 Heirs stand on end and I mean that genuinely when I read the worst-case scenario forecast now 00:45.460 --> 00:53.560 You may have seen because it's been about three days now that this report has been going around from the IEA 00:53.560 --> 00:56.340 And this is called sheltering from oil shocks 00:57.020 --> 01:00.600 So I've actually downloaded the report. I've gone through the whole report 01:00.600 --> 01:06.940 And I've highlighted a lot of key points for you, but not only have I done that but I've also 01:07.540 --> 01:12.180 Taken all of that data. I've collected the data from all of the other countries 01:12.180 --> 01:16.800 I've looked at the and thank you know, it's great having AI for some of this now 01:16.800 --> 01:23.680 I've collated a lot of the reports the worst-case scenario reports from other countries around energy blackouts 01:23.680 --> 01:25.840 And I've collated this into one 01:26.560 --> 01:28.300 succinct video for you 01:28.300 --> 01:32.320 And if you think well, it's very unlikely Neil for this stuff to happen 01:32.800 --> 01:37.000 I promise you ladies and gentlemen some of these things will happen 01:37.000 --> 01:43.040 We've already seen some of the the well and this is a worst-case scenario for for kuba 01:43.040 --> 01:49.320 You know where they said that the the ventilators would would stop working and people would die in hospitals 01:49.850 --> 01:54.700 That has all already been a reality. So I just want to let you know this is not 01:55.190 --> 01:59.220 You know scaremongering here. This is absolutely what is possible 01:59.220 --> 02:05.540 And some of the things are already taken place and this is why I've been saying for the last four is it three or four weeks now 02:06.620 --> 02:09.060 The media is really downplaying 02:09.720 --> 02:10.560 the the 02:11.290 --> 02:16.980 The severity the gravity of what is going on right now and it's not looking to improve 02:16.980 --> 02:22.800 If anything is looking to worsen the strikes on all the russian oil refineries 02:22.800 --> 02:23.740 have been 02:24.660 --> 02:29.020 Intense in the last week unlike anything we've seen in this war 02:29.460 --> 02:36.080 Not just that we've now seen what is it 40 energy sites in the middle east either destroyed or damaged 02:36.740 --> 02:41.980 Europe has completely come off the russian energy is a is reliant on this lng 02:41.980 --> 02:46.060 All the tankers have turned around. They were all on the way to europe 02:46.060 --> 02:51.960 They've gone to asia now because asia is willing to pay more. This is really really serious 02:52.920 --> 02:57.720 so, okay, let's get into the report then and 02:58.260 --> 03:03.800 For those of you that like visuals, this was from the iea and this is just a snippet of the report. Okay 03:03.800 --> 03:09.940 So they're recommending it's basically energy lockdowns. This is the only way I can describe it 03:09.940 --> 03:12.520 They are suggesting everyone works from home 03:13.120 --> 03:17.920 They are saying that the you should drive to reduce the speeds that everyone can drive 03:18.620 --> 03:22.520 Public transport use but even that is cutting down public transport 03:24.580 --> 03:29.740 Alternate car access in big cities increase car sharing 03:30.640 --> 03:36.620 There's even things like what is your reason? Are you a a key worker? Do you need to go to work? 03:36.620 --> 03:42.000 You know, there's all these things but I want to I want to go through and just and just talk about a lot of this 03:42.000 --> 03:45.060 And it does get more serious and scary as we go along 03:45.520 --> 03:50.680 So this was their 10-point plan and this is the the very weak plan as it were 03:50.680 --> 03:52.340 So working from home 03:52.340 --> 03:58.920 They recommend working three out of five days a week from home. This is their recommendations 03:58.920 --> 04:03.300 It's already gone out to most of the most countries in fact 04:03.300 --> 04:06.080 It's pretty much all countries now that are 04:06.080 --> 04:11.100 Developed in nature, but even the the non developed countries have received this report as well 04:11.100 --> 04:16.920 They're all it's all being talked about in the different governments. It's going through the departments right now 04:17.620 --> 04:21.740 Reducing the speed limits dramatically limiting private car access 04:21.740 --> 04:25.660 So they're actually saying you can't that they recommend you can't even drive into 04:25.660 --> 04:30.700 Certain cities now they're saying that you need a reason to be able to do it 04:31.340 --> 04:33.340 This was the one I thought was very very 04:34.280 --> 04:37.260 Interesting if you remember the covid style lockdowns 04:37.900 --> 04:40.720 They said to reduce air travel by 40 04:41.440 --> 04:45.180 Percent that is what they're suggesting the airlines need to reduce flights 04:45.180 --> 04:49.720 By 40 percent or there needs to be a good reason why you're taking that flight 04:51.000 --> 04:53.300 This sort of stuff annoys me it annoyed me during 04:53.880 --> 04:56.400 Covid as well and as you know if you don't know 04:56.400 --> 04:59.480 Some of you will like what I'm going to say some of you will not like it 04:59.480 --> 05:05.540 During covid. I had zero lockdowns. I didn't lock down at all. I carried on 05:05.540 --> 05:10.420 I traveled all around the world like I normally do every year. I didn't do any 05:11.080 --> 05:15.100 Of that stuff now. I say some of you won't like that because this is where the comments will come in 05:15.100 --> 05:20.820 Oh because of you, but look, I think a lot of this is intentional 05:20.820 --> 05:27.500 I really do you've seen the first lockdowns. We talked about how there's probably going to be some more lockdowns and now they're talking about 05:28.900 --> 05:34.480 Energy lockdowns. They're basically using this word using this word. You're seeing it all over the media governments energy lockdowns 05:34.480 --> 05:38.040 They're saying we need to reduce air travel. It's all reducing travel 05:38.040 --> 05:43.580 And they're even saying in one of the other reports. This is why we need more 15 minute cities 05:43.580 --> 05:49.880 This is why the work we've been doing for 15 minute cities is so important because of energy shocks and things like that 05:49.880 --> 05:55.500 No, the energy shocks have been caused by a war two wars. In fact, russia, ukraine 05:55.500 --> 05:56.520 And then iran 05:56.520 --> 06:02.060 The people didn't cause this you didn't cause it. I didn't cause it. It's been caused by 06:02.060 --> 06:05.400 Leaders whoever you want to put the blame on it's being caused by 06:05.400 --> 06:06.240 leaders 06:06.800 --> 06:11.380 So promoting public transport so increasing the use of public transport 06:11.380 --> 06:16.340 But they suggest walking or cycling and there was a very interesting video doing the rounds 06:16.800 --> 06:23.720 I think it's the philippines where it's just the streets are full of people walking to and from 06:23.720 --> 06:27.540 Work at the moment. Seriously. So all these videos going around 06:28.260 --> 06:33.080 Car sharing car pooling and if you can't car pool, you need a reason to travel 06:33.780 --> 06:36.180 Eco driving techniques. So 06:36.800 --> 06:41.400 Prioritizing electric vehicles, which doesn't make any sense. It doesn't make any sense at all 06:41.400 --> 06:45.760 Why would you prioritize electric if there's the possibility that you can use? 06:46.780 --> 06:52.740 Diesel or petrol like wouldn't you balance it out? So what that makes no sense? Why would you prioritize electric? 06:54.080 --> 06:58.200 Switching fuel methods, you know, there's all of this stuff that they are 06:58.760 --> 07:04.680 Talking about now. I'm going to come on to the worst case stuff in a minute. I just before we do that 07:04.680 --> 07:06.260 Let's just look at the 07:06.760 --> 07:07.920 oil price here 07:08.580 --> 07:13.000 So again, people got really excited today. I love it when I get these emails. Ha 07:13.700 --> 07:18.660 Neil told you it would come down. Yeah, and guess what? It's gone back here. I keep telling you 07:18.660 --> 07:22.240 We're not going to we've got this resistance around a hundred dollars a barrel 07:22.240 --> 07:25.320 And that's what we're seeing. It just keeps hitting this resistance 07:25.320 --> 07:31.060 People love emailing me saying ha ha ha you got it wrong. Well, look, we're back at a hundred dollars a barrel 07:31.060 --> 07:35.460 Ladies and gents, we're hitting this resistance and I think it's only going to go up 07:35.460 --> 07:38.300 Yeah, you might see it drop. There's some announcement that comes up 07:38.300 --> 07:41.080 It could drop to 80 dollars a barrel. It doesn't matter 07:41.080 --> 07:45.480 You're going to see resistance at a hundred and it's going to keep gradually going up 07:45.480 --> 07:54.220 I'm still seeing 120 125 150 worst case scenario, but if they keep bombing the infrastructure, this is just going to keep running 07:54.840 --> 07:58.900 What about silver? What about gold? This is the other question people keep asking me 07:59.780 --> 08:06.300 It's it is dropping silvers dropping golds dropping silvers at 72 dollars an ounce at the moment 08:06.300 --> 08:08.680 Golds holding around four and a half 08:08.680 --> 08:13.120 Thousand dollars at the moment. This is what's happening. But let me tell you 08:13.820 --> 08:16.600 Why I think gold and silver are doing this 08:17.080 --> 08:18.320 If you look at the 08:18.320 --> 08:25.740 Mainly the institutions the big financial players, they've got these enormous margin calls huge margin calls at the moment 08:25.740 --> 08:30.860 That is what they've they've got. So they're liquidating everything they've got all sorts of assets 08:31.420 --> 08:35.100 I don't think any of you should be selling your gold and silver unless you 08:35.100 --> 08:37.020 Well, let me take it off the shared screen 08:37.920 --> 08:41.560 I don't think you should be selling unless you really need to be selling 08:42.160 --> 08:46.260 I think no, I'm not going to say people should be buying people or take it as financial advice 08:46.840 --> 08:52.240 I don't but but I think it's a big mistake that people are selling at the moment and actually 08:53.300 --> 08:56.960 Let me come on to okay. Let's go on to the worst case scenario stuff 08:57.680 --> 09:04.040 So let's get into the worst case scenario here. So this is energy lockdowns 09:04.040 --> 09:08.320 And these are compiled from a lot of reports. Remember that these are government reports 09:08.320 --> 09:10.060 I've compiled a lot of this from 09:10.900 --> 09:18.600 So it's it says in black and white the energy lockdowns will be much more severe than the covid lockdowns 09:18.600 --> 09:24.400 Think about that for a moment. The energy lockdowns. They're saying will be much more severe 09:25.100 --> 09:26.780 Than the covid lockdowns 09:26.780 --> 09:29.860 Ladies and gentlemen, that is insane 09:30.680 --> 09:34.800 That is crazy. You look at how severe the covid lockdowns were 09:35.820 --> 09:40.680 It's so strange as well. It feels like it was only last year. I don't know if you feel like that as well 09:41.220 --> 09:46.960 I don't know why that is there's some sort of phenomenon going on in the world around time timelines 09:46.960 --> 09:49.660 But it feels like it was only a year or two ago 09:50.060 --> 09:55.300 But yeah, you think it started in 2019. We're in 2026 now 09:55.300 --> 10:00.080 I know it's not seven years, but it's it will be seven years this year when all of this started 10:00.080 --> 10:05.300 It doesn't seem like that long ago. There's something it's just very bizarre how it how it keeps going on 10:05.300 --> 10:10.700 But they're saying in black and white this will be more severe than the covid lockdowns 10:10.700 --> 10:13.600 Because well, we'll get into that in a second 10:14.160 --> 10:16.780 But before I give you the the really severe 10:18.100 --> 10:24.960 Severe forecast here. I have got to mention the the channel sponsor here and that is monetary metals 10:24.960 --> 10:29.980 So you've seen gold prices and what they've been doing. They've been hitting new highs this year 10:29.980 --> 10:34.760 They've gone down. 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They'll arrange that for you or you can buy it for them at less than 1% over spot 11:48.800 --> 11:51.460 So you're actually getting it almost at spot price 11:51.460 --> 11:56.740 So you can join thousands of investors who are already earning a real return in gold every month 11:56.740 --> 12:00.680 Just visit monetary hyphen metals.com forward slash 12:01.880 --> 12:09.160 nmw that's my initials neil mccoy ward nmw to learn how to earn a yield on gold which will be paid in 12:09.640 --> 12:10.500 gold for you 12:11.200 --> 12:14.140 Okay, so let's go on to now 12:14.700 --> 12:18.280 Here we go. Are you ready for this? Make sure you're sat down 12:18.800 --> 12:19.460 for this 12:20.150 --> 12:27.280 Number one again. These are worst-case scenarios immediate daily survival hits. These are these are things like cold 12:27.830 --> 12:31.200 Cold weather hot weather darkness no basics 12:31.200 --> 12:35.000 So it says homes and businesses limited to low energy caps 12:35.000 --> 12:39.260 The heating could be 15 to 18 degrees Celsius maximum 12:39.260 --> 12:45.820 So 18 degrees not too bad. I think especially if you're acclimatized 15 degrees in winter 12:46.240 --> 12:49.980 Is especially if there's a wind chill is pretty chilly actually 12:50.760 --> 12:54.180 You've also got to think about those people with disabilities and things like that 12:54.180 --> 12:56.980 Doesn't mention anything about that here 12:57.540 --> 13:04.420 There would be power on only at certain hours, although they would induce rolling blackouts in winter 13:04.420 --> 13:09.020 They warn these are the reports they warn there could be widespread hypothermia 13:09.020 --> 13:12.700 especially for older people or the elder at the elderly 13:12.700 --> 13:16.060 And those in badly insulated homes 13:16.620 --> 13:19.020 You'd see excess deaths spike 13:19.850 --> 13:21.060 real fuel poverty 13:21.770 --> 13:24.880 Is already, you know affecting people around the world anyway 13:24.880 --> 13:30.940 So this would only multiply it people wouldn't be able to turn on the heating or even afford it because the cost would be 13:30.940 --> 13:31.760 so 13:32.380 --> 13:32.860 severe 13:33.690 --> 13:39.060 No air conditioning in summer heat waves. These would be banned completely 13:39.060 --> 13:41.080 Which would be insane 13:41.700 --> 13:45.440 Fridges and freezers may need to be turned off under government mandates 13:46.140 --> 13:47.600 What would this result in? 13:48.200 --> 13:53.160 You know food would be spoiled. You've got you've got meat in the freezer. It would it would rot 13:53.160 --> 13:56.600 You'd have to this and this is crazy talk 13:57.480 --> 14:02.540 Cooking would be impossible if electric or gas were restricted for that 14:03.240 --> 14:06.780 Water pumps treatment plants would fail without any power 14:06.780 --> 14:08.980 You'd see shortages contamination 14:09.580 --> 14:12.320 Boil water orders or none at all 14:12.320 --> 14:18.680 Toilets or sewage could back up. You'd have to use rain water. They talk about buckets and rain water 14:19.320 --> 14:20.200 for doing that 14:20.200 --> 14:25.540 I mean, what what if it's the middle of summer? How are you going to that doesn't even make any sense? 14:25.760 --> 14:27.620 How are you going to fill up a a bucket? 14:28.240 --> 14:30.500 To flush the toilet says no 14:31.260 --> 14:34.440 We'll be polite here. So it's talking about flushing number two 14:34.440 --> 14:40.580 But uh leave in number one. Oh gosh, that'd be that'd be pretty stinky after a while. But okay 14:41.110 --> 14:43.260 dark homes no internet TV 14:43.880 --> 14:44.320 charging 14:45.100 --> 14:47.600 You know, they're saying that certain 14:48.190 --> 14:50.840 certain heavy usage devices could be restricted 14:51.770 --> 14:55.280 No zoom calls or videos or streaming, etc 14:55.870 --> 15:01.100 You think what this would do actually you think of the depression and the mental health issues that took place 15:01.630 --> 15:03.160 during the lockdown period 15:03.840 --> 15:06.400 And that's when you could speak to other people over 15:06.900 --> 15:11.160 Over devices imagine if they stopped that imagine if they stopped streaming 15:11.800 --> 15:15.920 You'd see all sorts of stuff. You'd see domestic violence alcoholism drug abuse 15:16.420 --> 15:17.200 It would be 15:17.900 --> 15:20.420 It would just be crazy this stuff 15:21.060 --> 15:27.220 Second point then this is health and medical system breakdown. So hospitals on diesel generators 15:27.780 --> 15:30.640 Um, all sorts of things surgeries would be cancelled 15:32.020 --> 15:33.140 Ventilators oxygen 15:33.920 --> 15:40.760 Dialysis these would fail in blackouts home medical devices would be pretty useless. They wouldn't work 15:41.540 --> 15:47.200 This goes on and on it's hard even reading through all this just thinking about the impact on the on the people 15:47.820 --> 15:53.220 But um, there would be a shortfall in ambulances because they wouldn't have enough fuel 15:53.220 --> 15:59.980 They would only, um, respond to the most urgent of cases same with the police and emergency services 16:01.580 --> 16:04.700 Food water and supply chain collapse 16:05.220 --> 16:09.520 So farms can't run irrigation because they wouldn't be able to pump the water 16:10.100 --> 16:14.620 Tractors or processing tractors wouldn't be able to get the diesel they need 16:14.620 --> 16:17.560 You'd see massive crop and livestock losses 16:17.560 --> 16:24.660 Empty shelves would be almost straight away. There'd be massive panic buying and just a point on that 16:24.660 --> 16:27.300 Have you seen what's happening in australia at the moment? 16:27.800 --> 16:32.080 If you're an australian viewer, which is about I think it's about 10 percent of my subscribers 16:32.080 --> 16:35.720 Please leave a comment. I know you're not going to see this stream until tomorrow, but 16:36.280 --> 16:39.800 Let us know around the rest of the world if it's true what we're seeing 16:40.400 --> 16:46.020 It's over 500 gas stations now completely out. They don't know when they're going to be restocked 16:46.020 --> 16:50.140 Criminals are siphoning gas off. This is what we're we're being told 16:50.140 --> 16:56.560 They're siphoning gas out of people's tanks like completely draining it criminal gangs are doing all sorts of 16:56.560 --> 16:58.440 crazy stuff in the cities 16:58.920 --> 17:00.740 Um, it just goes on and on and on 17:01.360 --> 17:05.860 Uh, they said they might not be able to collect waste, you know, your your waste disposals 17:05.860 --> 17:11.080 I mean, do you remember when I walked around Birmingham? Do you remember what that looked like when they didn't collect the waste? 17:11.680 --> 17:14.320 stinking rats the size of cats and all sorts 17:14.850 --> 17:17.480 Uh, we don't want to even go down there 17:18.080 --> 17:23.040 The they said supermarkets distribution would halt without refrigeration trucks 17:23.760 --> 17:28.920 Uh, we could even go to a world war two style of rationing cards for basics 17:29.520 --> 17:33.800 The'd most likely be black markets, which the government and police would have to try and control 17:36.160 --> 17:38.160 Why just let it run 17:38.800 --> 17:41.960 Price explosions huge inflation in in food 17:42.620 --> 17:46.800 It's said for many come at many countries. There would be starvation risks 17:47.260 --> 17:49.240 Risk in weeks if it was prolonged 17:49.240 --> 17:57.040 It says 1970 style shortages showed how quickly food prices inflation hit and this would be worse 17:57.040 --> 17:59.700 With enforced limits from the government 18:00.280 --> 18:01.460 so it says starvation 18:02.380 --> 18:07.960 Would happen in weeks and they don't actually mention western countries, but um, 18:08.160 --> 18:10.860 Definitely in in developing nations this would hit 18:10.860 --> 18:15.500 But will it happen in in in western country? Well, let's think about that for a moment 18:16.200 --> 18:20.880 A lot of people as we know they don't store any food. They don't have any long life food 18:20.880 --> 18:28.220 I've told you before about my friend. He only goes he lives in an apartment. I think he's about 60 floors up 18:29.560 --> 18:35.200 Doesn't I tell him all the time. I'm like, have you got a backup plan? No, I'll be fine. The world's fine 18:35.200 --> 18:37.920 He just doesn't believe anything I say, but um 18:38.480 --> 18:41.780 Anyway, that's that's another story. He's watching this right now. He never misses a video 18:42.580 --> 18:44.120 He doesn't keep any food 18:44.120 --> 18:48.200 He goes he orders his food every day or he goes to the supermarket 18:48.800 --> 18:51.940 Keeps about two days three days worth of food in the house or fresh 18:51.940 --> 18:56.560 I tell him all the time you you are going to get hammered when this hits 18:56.560 --> 19:00.460 But um, there we go. So this would hit a lot of people people like that 19:00.460 --> 19:04.720 How are they going to even get down because it says that that there would be 19:05.300 --> 19:10.160 The elevators would be turned off the government would insist that elevators are turned off 19:10.160 --> 19:16.440 People will have to take the stairs 60 floors. Who's going to take 60 floors? How are you going to carry water? 19:16.600 --> 19:23.120 I mean this stuff is worst case, of course. And number four is transport transport and mobility lockdowns 19:23.680 --> 19:27.360 So fuel rationing they said this is almost a certainty 19:28.000 --> 19:31.220 Odd and even days like the 1970s 19:31.220 --> 19:34.940 So if you have an odd number, you can't go to the the fuel station 19:36.300 --> 19:39.600 Um public transportation would have to be slashed as well 19:39.600 --> 19:45.120 They'd encourage more cycling and walking and if you can't walk to your job 19:45.660 --> 19:48.700 Then tough luck. Basically you'll have to work from home 19:49.580 --> 19:50.140 Um 19:50.740 --> 19:55.200 Said you can't get you won't be able to commute groceries will be difficult 19:55.880 --> 19:59.820 Visit doctors only if it's urgent or evacuations 20:00.680 --> 20:04.000 Goods won't move everything from medicine to parts will stop 20:04.620 --> 20:06.740 Economic and job devastation 20:06.740 --> 20:12.940 They say it would be far worse than what happened during the lockdowns the covid lockdowns energy intensive sectors 20:12.940 --> 20:17.020 This is manufacturing offices retail data centers. They would all be shut 20:17.880 --> 20:22.040 An employment would hit 20 to 40 percent in worst case scenario 20:24.280 --> 20:25.600 This is insane 20:26.780 --> 20:29.940 Small businesses would go bankrupt on mass 20:30.980 --> 20:35.360 And if you think about it SMEs employ the bulk of workers 20:35.360 --> 20:41.300 So you can imagine the employment scouring cycle that you learned about on friday when from the walk and talk 20:42.360 --> 20:43.740 This would just 20:45.020 --> 20:48.580 You can see I'm even shocked reading this out at the 20:48.580 --> 20:53.440 At the scale of what may happen if this isn't reversed right away 20:55.200 --> 20:57.880 Government currency printing would happen as well 20:58.280 --> 21:04.800 Mass currency creation in order to give money to people stimulus, which will only go into inflation as well 21:06.300 --> 21:11.860 Number six social order and breakdown riots looting protests 21:12.840 --> 21:14.660 Would happen right away 21:15.480 --> 21:18.240 Home invasions for food if people haven't got food 21:20.420 --> 21:22.300 Migration massive amounts of 21:22.300 --> 21:28.220 Migration people would have to leave the big cities if their accommodation isn't conducive for living 21:29.020 --> 21:33.120 Now it says here for long-term societal damage consequences 21:33.620 --> 21:40.320 This says if the crisis goes on for months as at this point months. It says the economy will contract 21:41.420 --> 21:45.560 Massively it doesn't give a a number here because again, this is based on different reports 21:46.040 --> 21:51.860 Education will have to stop so there'll be no schools. You'll be education from home by parents 21:52.780 --> 21:57.320 Innovation investment freezes potential grid collapse or civil breakdown 21:58.520 --> 21:59.700 excess death from 22:00.660 --> 22:06.640 Heat cold starvation and treated illnesses. Okay, this goes on and on and on ladies and gents this 22:07.100 --> 22:12.840 I think you can get the idea here of why it's I said it made my hair stand on end when I was 22:12.840 --> 22:15.620 Collating all these reports and putting it into this big 22:16.140 --> 22:20.300 I used AI to to condense everything consolidate everything 22:21.160 --> 22:24.860 And some of these are are actually plays that they are 22:25.500 --> 22:31.400 They are exercises. They've already been modelled. These are emergency crisis scenarios that have been modelled 22:31.400 --> 22:34.100 These are some of the things that would take place and will happen 22:34.570 --> 22:38.980 Now how likely is this? That's that's the question. How likely is this? Well, 22:39.040 --> 22:42.920 Let's have a look at a couple of articles from today. This is today 22:43.640 --> 22:48.980 The Philippines has declared a state of emergency in the country 22:49.820 --> 22:55.720 Vietnam Bangladesh is about to run out of oil and look you can see it here in three weeks 22:56.720 --> 23:02.120 Slovenia has now become the first EU country to introduce fuel rationing 23:02.820 --> 23:06.740 So that's Europe Slovenia Europe fuel rationing 23:06.740 --> 23:10.160 Now you think Europe spent three years 23:10.160 --> 23:13.980 Moving to the the lng they moved away from russian 23:14.600 --> 23:17.940 Russian oil and energy one on the earth is Europe going to do 23:18.600 --> 23:23.460 They're having these emergency crisis meetings, but they honestly if you read some of the transcripts 23:23.460 --> 23:28.000 They don't have an answer that they genuinely don't have an answer to this 23:28.000 --> 23:32.540 They they don't know what they're going to do and here's something that I got today 23:32.540 --> 23:36.300 So I folded it over so you can't see my my address here 23:36.300 --> 23:40.340 But this is from the the company that supplies me and it says 23:40.340 --> 23:48.020 Dear customer due to the ongoing situation in the Middle East and the resulting volatility in global fuel prices 23:48.020 --> 23:50.020 We are currently unable to provide 23:50.820 --> 23:53.260 Indicative prices for any new orders 23:53.820 --> 23:58.460 This ladies and gentlemen is why I told you two or three or three weeks ago now 23:59.020 --> 24:02.020 Fill up get get all your energy now if you're on oil tank 24:02.540 --> 24:05.200 Fill it up right away while it was 60p a liter or whatever 24:05.200 --> 24:07.340 I think mine was 60p a filled up at 24:07.960 --> 24:12.860 3000 liters I said do it today get it all booked in when I called up 24:12.860 --> 24:17.980 They didn't even have a clue. They they they they were clueless. They didn't even see no one had called 24:17.980 --> 24:20.180 They didn't even realize this was going to happen 24:20.940 --> 24:24.900 So they said so far this is they've been insulated from the increase 24:24.900 --> 24:27.880 However, unless the situation stabilizes soon 24:27.880 --> 24:33.760 Our next shipment of fuel is likely to arrive at a significantly higher cost than the last 24:33.760 --> 24:38.140 We're monitoring the development closely and hope the situation improves before our next shipment 24:39.000 --> 24:44.240 It's not going to improve prices are rising at which point we'll be able to resume quoting 24:44.240 --> 24:47.680 Currently there are no concerns regarding supply supply 24:48.480 --> 24:49.160 Yes, there are 24:49.840 --> 24:54.740 If you are an automatic delivery customer due to a delivery soon and are concerned 24:55.320 --> 24:58.740 Please call us. Thanks for your understanding and patience during this time 24:59.240 --> 25:04.580 And people all around the world are getting these letters at the moment everywhere people are getting these these letters 25:05.820 --> 25:10.860 What else have we got italy has cut fuel taxes by 25 cents a liter 25:11.440 --> 25:16.700 Spain has slashed vat on fuel gas and electric from 21 percent to 10 percent 25:17.340 --> 25:24.460 Philippines national emergency pakistan closed the school. They've banned travel banned official travel 25:25.150 --> 25:27.120 And they've declared work from home 25:27.120 --> 25:30.800 Sri Lanka fuel rationing by license plates number 25:30.800 --> 25:36.540 Indonesia boosting coal production again work from home policy. So lockdowns 25:36.540 --> 25:39.380 Greece fuel subsidies fertilizers support 25:41.500 --> 25:41.980 11 25:42.560 --> 25:47.060 Tankers have changed course as well. Here we go. Let's just show you this so you can actually 25:47.960 --> 25:50.240 See the on the screen share. So here we go 25:50.240 --> 25:53.460 These tankers that were on the way to Europe to offload 25:53.460 --> 25:59.560 Actually turned around and they've they're now going you can see that the trajectory the route 25:59.560 --> 26:02.200 They're all going to Asia now 26:02.740 --> 26:09.060 So this is another thing that has taken place. Europe is absolutely screwed. They just don't know it yet 26:09.380 --> 26:16.500 The Netherlands the Netherlands even worse. Do you know that that they poured cement into their gas wells? 26:17.060 --> 26:18.100 What moron? 26:18.600 --> 26:22.980 Authorizes that who pours cement into gas wells so they can't be used 26:22.980 --> 26:29.380 Because of the net this was wasn't recent. This was for the net zero stuff. It is ridiculous 26:30.030 --> 26:31.160 It it's 26:32.150 --> 26:32.480 Gosh 26:33.590 --> 26:36.000 They they are deliberately doing some of this stuff 26:37.440 --> 26:38.200 Taiwan 26:39.060 --> 26:44.920 LNG for 40 percent of power the electrical grid power generation 40 percent 26:44.920 --> 26:47.580 They've got around 11 days left. That's taiwan 26:48.160 --> 26:54.840 Semiconductors anybody south korea was is another one. They've just mandated odd license numbers 26:54.840 --> 26:57.640 We haven't seen this since the 1970s 26:57.640 --> 27:03.580 And this is starting today all public sector employees in south korea will be banned from driving 27:03.580 --> 27:07.460 At the moment it's one day a week and they're going to monitor it 27:08.180 --> 27:14.180 So they're banned completely banned and and it's there it's based on their last digit of their license plate 27:16.460 --> 27:18.840 The government initially considered making 27:19.640 --> 27:22.380 This mandatory for the private sector as well 27:22.380 --> 27:27.780 But they're holding off at the moment because they don't want to see truck drivers and delivery drivers 27:28.700 --> 27:30.440 Disproportionately affected by this 27:30.440 --> 27:36.640 Uh, there's a 12 point emergency plan. They're putting into place the south korea 27:38.100 --> 27:45.640 The ia ea said 40 energy sites across the middle east have been damaged and can't deliver at the moment 27:47.540 --> 27:53.100 Goodness me. This is crazy. What about this one? Let me show you on the shared screen here 27:54.240 --> 28:04.200 For you australians again nsw premiere calls for covid style protocol lockdowns. We should say as fuel crisis explodes 28:05.640 --> 28:09.800 These are just all of the stories coming out today 28:10.740 --> 28:12.100 How on earth? 28:14.360 --> 28:18.460 Ukraine just again bummed another russian oil 28:19.540 --> 28:22.060 Terminal 60 million tons a year 28:22.580 --> 28:27.120 Come out of this and they've just bombed this so russia can't 28:27.120 --> 28:30.000 Export oil to the rest of the world 28:30.500 --> 28:32.540 And make a profit from it now 28:33.180 --> 28:34.740 Some of you will probably watch that and say 28:35.400 --> 28:39.560 Well, great. I don't we don't want russia making any money because of the war. No, it's not great 28:40.220 --> 28:42.460 Put the war to the one side here 28:42.960 --> 28:45.080 russia could have provided energy 28:45.720 --> 28:48.200 And offset a lot of this problem 28:48.200 --> 28:56.260 But instead instead now with the british help believe it or not the british help ukraine to bomb all of these sites 28:57.340 --> 29:00.500 This is this is insane 29:03.640 --> 29:07.420 This I mean this goes on and on none ladies and gents it goes on and on 29:07.420 --> 29:14.040 I could talk about this all day. I've got a hundred stories. I could cover probably only covered a very small portion of them today 29:15.080 --> 29:20.340 This is not good. Okay. Make sure you've got yourself well positioned set up right for all of this 29:21.280 --> 29:25.240 Um, I don't really know what else to say. This is this is getting worse 29:26.080 --> 29:29.800 People don't know what they're talking about who are commenting on a lot of this 29:29.800 --> 29:32.820 Oh, it's all gonna be fine. Give it a couple of weeks. Everything will be back to normal 29:33.980 --> 29:39.020 They shouldn't even have to be able to speak on on the media when they're saying this because they're gonna cause 29:39.600 --> 29:43.320 Irreparable harm and damage to families everywhere who are not going to get prepared 29:43.320 --> 29:47.720 Because they're believing these morons that say everything's going to be fine in a couple of weeks. It's not 29:48.460 --> 29:52.660 Um, just a reminder about the channel sponsor today. Check that out in the description apart from that 29:52.660 --> 29:57.420 I'll see you on the next video. Take care. God bless. Stay safe out there. See you for the friday walk and talk