WEBVTT 00:00.000 --> 00:06.380 Warning! The energy shocks have now started and we've just had an announcement by the 00:06.380 --> 00:13.540 Qatari energy minister who said that if the Strait of Hamuz isn't opened in the next two weeks 00:14.060 --> 00:21.680 he forecast that oil could hit $150 a barrel. Ladies and gents if that happened that would 00:21.680 --> 00:27.340 really be the nail in the coffin. You remember my forecast from gosh what was it a long time 00:27.340 --> 00:34.880 I said the next time we have an energy crisis and oil gets to somewhere around $120 a barrel 00:35.400 --> 00:42.720 that will trigger a global recession. It's interesting listening to the commentators 00:42.720 --> 00:49.000 and what people have got to say. Most people are just clueless on this even the experts they just 00:49.000 --> 00:57.260 don't understand how interconnected the world is now and how reliant we all are on cheap energy. 00:57.860 --> 01:01.920 As soon as you start cutting it off and I can throw some charts on screen if you really want 01:01.920 --> 01:08.420 but I can show you what's actually happening with energy it is exploding right now absolutely 01:08.420 --> 01:14.560 exploding. A little tip here if you use heating oil at home I know a lot of you will be on 01:15.180 --> 01:23.200 sort of gas mains gas which is going to get hit hard others even worse if you're on electric heating 01:23.200 --> 01:29.060 because of all the new green carbon net zero and everything else that's going to be even worse. 01:29.320 --> 01:35.500 I just did a big presentation for the patreon on uranium and the opportunities with uranium and 01:35.500 --> 01:40.000 the miners and everything else going on because they've done a massive u-turn now 01:40.540 --> 01:49.000 is kind of funny you know it wasn't part of the you know the agenda to tell the truth on nuclear 01:49.520 --> 01:53.980 that it is the cleanest energy it wasn't part of that agenda because they had to get all the 01:53.980 --> 01:59.620 kickbacks and I'll talk about that it's going to make you angry when you learn this and you 01:59.620 --> 02:04.380 can check all everything I'm about to say it's all open source but you will be very angry 02:04.380 --> 02:11.640 when you hear what you've been paying for but getting back to what the qatari energy minister said 02:11.640 --> 02:19.780 he said even if the war ends tomorrow it would still take at least two weeks up to many months 02:20.150 --> 02:27.360 to get the energy supply going again and he said that because Iran blew up one of their main main 02:27.920 --> 02:35.000 energy sites that this is going to really cause a delay wasn't just them other sites have been hit 02:35.000 --> 02:40.500 as well so this is going to have a real knock on effect and you've got to remember that oil 02:41.090 --> 02:47.360 is in everything people just think of it as oh well you know it's kind of this sort of dark 02:47.360 --> 02:53.220 liquid that should be banned around the world right the people just think of it as whatever 02:53.220 --> 02:59.260 they've been told on the media but oil is in everything yeah you need oil for pretty much 02:59.260 --> 03:05.160 everything really transportation around the world relies on oil I was trying to explain this to 03:05.160 --> 03:10.440 someone they said no these big container ships don't use oil I said what do you think they run on 03:10.440 --> 03:16.400 they run on and they said well that's not oil and I said oh my goodness goodness me you know 03:16.400 --> 03:20.280 you sometimes you just can't even speak to people because they just don't get it they don't 03:20.280 --> 03:27.800 know the basics of economics but yeah oil is in everything it's in all the transport you look at 03:27.800 --> 03:32.820 these I know the media is overblowing it a little bit at the moment but they're saying you know there's 03:32.820 --> 03:37.240 this big run on the four courts and everyone's filling up their cars with petrol and diesel 03:37.900 --> 03:43.720 about a dozen four courts out of thousands around the country but yeah there are some 03:43.720 --> 03:47.860 people doing it they're taking gas cans and jerry cans and all sorts and filling 03:48.320 --> 03:52.160 filling those up as well in the the back of their car and all sorts of 03:52.160 --> 03:58.160 bizarre things just to save a little bit of money oh yeah top tip if you've got a if you use oil 03:58.160 --> 04:04.660 heating at home I've just filled up mine I've got a two and a half thousand litre tank I mean mine 04:04.660 --> 04:10.480 is enormous because I'm pretty self-sufficient when I'm back here at home so I just got in 04:10.480 --> 04:17.640 before the price rise got it at it's about 60p per litre but you look if you if you actually 04:17.640 --> 04:23.960 see the charts here I'll throw up some images on screen as we're talking but you look at the chart 04:23.960 --> 04:32.000 it's gotten up what 50% already the oil heating so yeah I'd be on the phone if you have that 04:32.000 --> 04:37.340 to your supplier and we'll talk about electricity and gas and all the other things and how 04:37.340 --> 04:43.420 especially the UK and EU governments have basically just screwed us all you know they really have 04:43.420 --> 04:49.420 screwed us all and yet people they're still in power probably the most passive society 04:50.400 --> 04:57.380 in a long time historically who just are so passive they let the government walk all over 04:57.380 --> 05:04.240 them they do nothing about it just saw this announcement overnight as well about now paying 05:05.040 --> 05:13.560 asylum seekers or who claim to be asylum seekers anyway 40 000 pounds to leave the country and 05:13.560 --> 05:20.280 again these politicians don't get it they don't get it this is going to cause loads more to cross 05:20.280 --> 05:27.040 the channel and come here because they're going to get 40 000 pounds to leave it is an incentive 05:27.040 --> 05:32.460 and it's obvious they're either completely the most stupid people lowest IQ on the planet 05:32.460 --> 05:38.540 or they're doing it intentionally I think it's the latter so if you think the energy shocks were 05:38.540 --> 05:45.880 bad from the self-sanctions around the Ukraine and Russian conflict you haven't seen anything yet 05:46.460 --> 05:52.140 you haven't seen anything until you see what's about to hit if this doesn't end quickly I always 05:52.140 --> 05:58.100 have to add the caveat because people sometimes take what I say as as if it's a solid object 05:58.100 --> 06:04.700 right as if it's fixed as opposed to fluid because that's what economies and you know finances it's 06:04.700 --> 06:12.040 very very fluid one single announcement can change everything within within minutes but overall 06:12.040 --> 06:21.240 GDP globally is going to drop inflation will rise people's energy bills pretty much everywhere 06:21.240 --> 06:28.660 will rise we're already seeing all the lng that mainly goes to Asia that's gone up something like 45 06:28.660 --> 06:34.560 percent as of the time recording this video that has a knock-on effect to everything transport 06:35.340 --> 06:41.600 products you know plastics are made of of oil you know all of these things the oil the lng 06:42.360 --> 06:48.000 the the different energy sources this is going to have a massive massive impact and I wouldn't 06:48.000 --> 06:54.080 be surprised if in two weeks time the governor of the bank of England because it's forecast that 06:54.080 --> 06:59.560 they're going to be lowering interest rates I wouldn't be surprised if they increase interest 06:59.560 --> 07:05.780 rates at this point to try and control inflation by the way look at this um fort behind me here 07:06.320 --> 07:10.680 this is uh let's have a look at this a second because I know some of you are history buffs 07:10.680 --> 07:16.200 like I am and I'm really pleased to hear how many of you actually think the same 07:16.200 --> 07:22.920 way that I do human beings what 180 to 200 000 years on the planet and apparently we're the first 07:22.920 --> 07:30.420 most civilized society it's like the biggest joke I've ever heard I think this is a a new 07:30.420 --> 07:36.340 society we've probably had a dozen resets at this point now there used to be a plaque here 07:36.340 --> 07:44.940 which is no longer here that told us all about it and the age but here's a little look inside 07:44.940 --> 07:50.220 anyway and when we walk over there's a there's an old chapel over there that's definitely still 07:50.220 --> 07:55.560 got a plaque we'll we'll have a look and tell you about that one and if you like this sort of 07:55.560 --> 08:03.560 commentary make sure to subscribe to the channel it's free and this is what I talk about geopolitics 08:03.560 --> 08:10.760 finance economics all the things that help you in your life especially your wallet now I'll 08:10.760 --> 08:17.300 tell you why the EU and UK are pretty screwed right now or shall I say in big trouble right now 08:17.300 --> 08:24.500 although it's not just the UK and EU Australia is really screwed as well you watch what happens 08:24.500 --> 08:32.420 with all the energy in Australia but I'll focus on the UK data just because it's the stuff that 08:32.420 --> 08:39.200 I've easily got to hand here so the UK used to be very energy independent very very successful 08:39.200 --> 08:47.760 with energy it's not anymore in fact it actually imports 50 percent of its gas and also imports 08:47.760 --> 08:56.200 oil and you might say hold on wait isn't the UK that the North Sea reserves there yes it is but 08:56.200 --> 09:03.920 when you put 78 tax on the oil and gas companies guess what they stop drilling and they stop 09:03.920 --> 09:10.480 extracting that gas because it's too expensive I mean who's going to work for 22% and even 09:10.480 --> 09:17.420 think about that 22% you've got loads and loads of costs and all sorts you're taking a huge risk 09:17.420 --> 09:23.760 for a tiny tiny reward so I mean it's pretty obvious what's going on there this was part of 09:23.760 --> 09:29.380 their net zero plan that they did which is ridiculous when you think about it because 09:29.380 --> 09:35.740 all they're doing now is importing that same energy from another country there's a little chapel there 09:35.740 --> 09:40.540 in the middle that we'll walk to at the end so they pushed all of this net zero stuff this is my 09:40.540 --> 09:45.980 point here without making sure there were any redundancies without any backups and this is 09:45.980 --> 09:51.700 a pattern that we're seeing with this government so as I said on was it Wednesday stream if I 09:51.700 --> 09:57.780 were the prime minister okay the first things I would be doing right away is number one I'd be 09:57.780 --> 10:03.300 proactive I wouldn't be reactive and that's an important distinction you've got to be proactive 10:03.840 --> 10:09.060 with everything whether it's the country whether it's your own family whether it's your household 10:09.060 --> 10:14.860 whatever whatever it is you've got to be proactive this government is not they're reactive and they're 10:14.860 --> 10:19.120 even worse than reactive actually because they make the wrong decisions when they do react 10:19.120 --> 10:24.420 because they just don't even think about any of this stuff Cyprus getting attacked the UK 10:24.420 --> 10:29.980 couldn't do anything and they still can't they can't even send any warships or anything to defend it 10:29.980 --> 10:35.260 other countries have had to go and do that for us so there's the first thing but actually it's even 10:35.260 --> 10:40.820 worse than not planning for redundancies it means obvious the first thing if as soon as 10:40.820 --> 10:46.000 Trump's get called called me if I was the prime minister and said hey look uh Neil we're 10:46.000 --> 10:51.160 gonna bar me around so you need to you know prepare for that or whatever I'd be like okay 10:51.160 --> 10:57.480 thanks for the heads up then I'd be calling in all the cabinet all the the military and saying okay 10:57.480 --> 11:02.780 we need to plan for this what's the fallout give me all the scenarios I'd be speaking to the energy 11:02.780 --> 11:09.200 companies the energy minister okay what's our redundancy here are the are all the facilities 11:09.200 --> 11:15.440 full you know the gas are the gas reserves full guess what we've just found out today 11:16.380 --> 11:23.020 this is almost unbelievable but 100% true that the gas reserves are roughly 30% 11:23.020 --> 11:30.380 full they didn't even think to fill up the gas reserves at the cheap price before all of this 11:30.380 --> 11:36.360 happened I mean you can't make this stuff up ladies and gents we are being led by absolute 11:36.360 --> 11:43.780 donkeys seriously donkeys they they just surely even even if you brought in some really woke 11:43.780 --> 11:49.600 economists they'd still do a better job than what we're seeing now so what on earth is happening 11:49.600 --> 11:54.280 because now it's going to cost them a fortune to fill up the gas reserves and that's if they 11:54.280 --> 11:59.840 can even do it that's if they can even get the gas because everybody's want going to want to 11:59.840 --> 12:05.400 fill up their reserves at the same time now I said something made me quite annoyed and I think 12:05.400 --> 12:12.620 this is going to make you angry as well if you're UK or EU but predominantly UK number I'll give 12:12.620 --> 12:18.440 you all of this net zero stuff and all the extra green taxes they put on to your your heating and 12:18.440 --> 12:25.940 electricity bills it's just come out this has added up to 200 pounds per year on your energy bills 12:25.940 --> 12:30.460 that doesn't include all the other policies and when I tell you where this money has gone you're 12:30.460 --> 12:38.660 going to be you are going to be pretty furious as I think most people rightly should be and 12:38.660 --> 12:46.260 I'll give you a clue it's going to big corporations and shareholders that's where the money's been 12:46.260 --> 12:52.440 going all of this so that our politicians can go to these meetings these globalist meetings 12:52.440 --> 13:00.180 and look good in front of 50 or even 10 20 of their peers yet not thinking about the hundreds 13:00.180 --> 13:07.240 of millions of people suffering throughout Europe because they are deliberately throttling the 13:07.240 --> 13:14.060 energy supply now you compare this to the US response which has been very impressive what they've 13:14.060 --> 13:19.800 done with their energy and that they ramped it all up they filled up I wouldn't say all the reserves 13:19.800 --> 13:24.060 but they definitely started filling up the reserves they started putting all these plans 13:24.060 --> 13:28.880 in place they ramped up energy production they prepared for this and they told everyone 13:28.880 --> 13:35.140 that they were going to be doing this and yet no one had even planned ahead throughout the 13:35.140 --> 13:40.880 sort of UK Europe area even all around the world a lot of countries just haven't prepared 13:41.460 --> 13:47.120 for this situation that is now here and I was just reading some reports today as well I'll give 13:47.120 --> 13:52.340 you a couple of quotes here so the resolution foundation these are a couple of think tanks 13:52.340 --> 13:59.620 in the UK and the IPPR have flagged the UK energy prices among the highest in the 13:59.620 --> 14:07.640 developed world and the most vulnerable they say the UK cannot absorb any form of shock and that's 14:07.640 --> 14:13.540 exactly what we've now got we've got this big shock and the government has no plan that they they 14:13.540 --> 14:19.740 literally have no plan and even if they say to all the energy companies tomorrow okay okay uh 14:19.740 --> 14:25.620 you know we're sorry remove the 78% tax start drilling right away it's going to take it's 14:25.620 --> 14:32.820 going to take a very very long time before we can even start getting the the energy energy out 14:33.560 --> 14:38.180 it's not just as simple as putting the pump in the ground pulling the energy out and then throwing 14:38.180 --> 14:44.980 that into your car right it's not that simple you've got to refine everything that comes out 14:44.980 --> 14:50.720 so is it any wonder that gas prices have doubled then what was it about 68 p a term it's now 14:50.720 --> 14:59.060 140 p so one pound 40 a term no I mean this is what happens this is exactly what happens when you have 14:59.060 --> 15:05.360 energy shocks we've already seen diesel at the four courts going up so why people are stockpiling and 15:05.360 --> 15:10.980 filling up their cars now and jerry cans and all sorts of things you're going to see increased prices 15:10.980 --> 15:16.880 right across the board it will hit supermarkets as well because the fuel goes into deliveries 15:16.880 --> 15:23.600 and the fuel goes right across the supply chain and already the futures contracts here 15:23.600 --> 15:32.980 across europe for gas is up 40 to 70 percent 40 to 70 percent on the futures this ladies and 15:32.980 --> 15:40.600 gents is an absolute disaster just waiting to materialize so let me tell you where the 15:40.600 --> 15:45.500 money's been going for the green levies and then we'll look at this old chapel here 15:45.500 --> 15:51.680 so the 200 pounds extra that you've been paying on your energy bills and that's per year actually 15:51.680 --> 15:58.120 goes to and I quote here we go here's the information energy suppliers and redistributions 15:58.120 --> 16:05.680 for an equitable way through regulated schemes to support renewables energy efficiency and social 16:05.680 --> 16:10.840 programs as soon as you see the word equitable you know exactly what's going on you know it's 16:10.840 --> 16:17.500 part of the green scam that is happening here whenever I see that word equitable it's always 16:17.500 --> 16:22.540 part of the same playbook it's like when kia starma said we're going to create a more equitable 16:23.520 --> 16:27.800 society I knew he was talking about socialism so let me tell you a little bit more then 16:27.800 --> 16:35.000 the renewables obligation notice there we go I just realized that word obligation notice 16:35.000 --> 16:41.780 so it's not optional notice this is 86 pounds per household and it funds legacy renewable contracts 16:41.780 --> 16:47.220 in wind and solar that are already established so it was part of an agreement that if those 16:47.220 --> 16:51.900 companies built that stuff that the government would give them these bonuses for years to come 16:51.900 --> 16:57.320 I didn't sign up for that did you see fd is the next one contracts for difference 16:57.320 --> 17:03.040 this supports low carbon generation there's another one that says other and that's a big 17:03.040 --> 17:07.840 chunk we know where that goes don't we but I think the one that's going to upset you the most 17:07.840 --> 17:13.060 is this one because it really bothered me when I think how many people can't afford energy 17:13.060 --> 17:19.140 and I read this okay here we go most of the money though the 200 pounds per year roughly 17:19.680 --> 17:28.580 primarily goes to private large corporations this is austere rwe or investment funds these 17:28.580 --> 17:34.960 are pension funds insurance companies and large foreign investors so in other words they are manipulating 17:34.960 --> 17:40.740 the free market they're manipulating the energy market and they're doing it and giving all of 17:40.740 --> 17:45.900 these backhanders kickbacks we don't even know where all of this money is really going even 17:45.900 --> 17:51.020 if you do an foi a freedom of information they still won't give you some of these details 17:51.020 --> 17:57.000 what does that tell you and they also said and I quote these payments are crucial to subsidize 17:57.000 --> 18:02.700 their their operations they're talking about the big energy companies ensuring fixed returns and 18:02.700 --> 18:11.260 reliable dividend payouts for shareholders 70.7 billion pounds in payouts from energy firms 18:11.260 --> 18:19.300 including generators was paid out to shareholders ladies and gents this is a huge scandal it's an 18:19.300 --> 18:25.180 absolute scam if they can pay that much out in dividends it tells you there's something very 18:25.180 --> 18:31.620 very wrong but don't worry France is about to buy one of the big energy companies in the UK I'm sure 18:31.620 --> 18:38.060 that's great okay so let's take a look at this old chapel here then as we come near to a close 18:38.060 --> 18:46.300 of the video so a quick look in the window here okay then let's have a look at the sign just over 18:47.000 --> 18:57.880 here so it's locked we can't actually go in here let me show you this so this is ruins of the 11th 18:57.880 --> 19:06.040 century gosh so this could be a thousand years old and it's still standing look at it so that 19:06.040 --> 19:10.860 would have been the bell tower up there I don't know who would have come to the chapel though 19:10.860 --> 19:17.840 because if you look around me here this is a little island there's there's nothing here potentially 19:17.840 --> 19:23.860 people might have walked from derby haven or castle town in the distance goodness knows maybe people 19:23.860 --> 19:31.420 lived here a thousand years ago and this was what they put the most work into them making 19:31.420 --> 19:36.760 sure that this was still standing a thousand years a thousand years later it's an impressive 19:36.760 --> 19:42.560 building and on that note I'm going to take a lovely lovely walk now so yeah thanks so much for 19:42.560 --> 19:48.480 being a subscriber here really appreciate you watching the video today apart from that take 19:48.480 --> 19:52.420 care god bless you god bless your family and I'll see you on the next one