Germany To Begin Refining Oil That Doesn’t Exist

Once Russia turns off the supply. If it hasn’t already.

Germany takes control of Russian-owned refinery – The German subsidiary of Russian oil giant Rosneft was placed under trusteeship, giving Germany’s federal regulator control of a key source of fuel for Berlin.

The German subsidiary of Russian oil giant Rosneft was placed under trusteeship on Friday, giving Germany’s federal regulator control of the PCK refinery in Schwedt, a key source of fuel for the city of Berlin…

Rosneft Deutschland accounts for about 12% of Germany’s oil processing capacity and is one of the largest oil processing companies in the country, the ministry said.

German Of The Day: Verstaatlichung

That means nationalization.

Sound familiar? Ever more “We’re from the government, and we’re here to help” from the people who created the problem in the first place.

Gas importer Uniper in nationalisation talks with German government – Terms under discussion include increasing state’s holding to 50% as pressure on supplies continues.

The German state took a 30% stake in the group in a rescue package in July, amounting to about €15bn. Credit lines were further extended by about €4bn last month but the situation has worsened since Russia severed gas supplies to Germany via the Nord Stream 1 pipeline, forcing Uniper to find alternatives.

The Next Berlin Airlift?

Only without the allies flying everything in. What could possibly go wrong?

Scholz channels Berlin Airlift spirit to gird Germans for winter – Chancellor Olaf Scholz invoked the spirit of the Berlin Airlift on Tuesday to implore Germans that “the seemingly impossible can succeed”, urging them to brace for a tough winter and to rise to the challenge of a shift in energy supply away from Russian gas.

He spoke to business leaders at Tempelhof Airport, which was the focal point of the Airlift between 1948 and 1949, when Western forces flew hundreds of thousands of tonnes of supplies into divided Berlin after the Soviets blocked rail and street access to the city’s Western-occupied sectors.

German Companies Just Aren’t Green Enough

Otherwise they wouldn’t be going broke like that.

Get with the plan and get back to nature already. Let them eat green cake or something.

German economy minister under fire as German companies sound alarm on energy prices – German Economy Minister Robert Habeck faced a backlash on Wednesday for saying he could imagine parts of the economy stopping production due to rising energy prices that German firms say are threatening their existence.

Asked whether he expected a wave of insolvencies at the end of this winter due to companies’ rising energy bills, Habeck said “No, I don’t. I can imagine that certain industries will simply stop producing for the time being.”

German Of The Day: Treppenwitz

This means “staircase wit,” or a story with peculiar irony.

Like the latest German Green Treppenwitz: When two nuclear power plants are allowed to continue running but not allowed to produce electricity.

Germany to keep two nuclear plants available as a backup and burn coal as it faces an energy crisis brought on by war and climate change – The German government announced its plans to keep the Isar 2 and Neckarwestheim nuclear power plants, both of which are located in the southern part of the country, on a kind of backup status, available only if the country has no other option.

This Gives “Cold War” A Whole New Meaning

German government policy has led to the cold (the energy “turnaround,” dependency on Russian gas, etc.) and the German people have been left out in the cold (inflation).

Germans revive Cold War Monday demonstrations amid inflation – Protesters from Germany’s left and the right have called for regular Monday protests against the rising cost of living. These evoke the peaceful revolution in East Germany but also of recent anti-immigrant rallies.

Parties on both the left and right of the political spectrum in Germany have announced a “hot autumn” with regular Monday demonstrations.

German Of The Day: “Egal, was meine deutschen Wähler denken”

That means it doesn’t matter what my German voters think.

We know what’s best for you. Sheeple. Just shut up and go with the plan already. Like you did with the Covid madness, for instance. You did that really well. And Merkel’s Migrant Madness, of course. Good job. So what’s with this hysteria about the currrent Green energy turnaround with built-in Russian gas dependency? It’ll work out. Just give us some more time. Who is in a better position to fix this problem? We created it, after all. Just trust us and do what you’re told. We’ll get back to you if we have any questions. Not.

According to the foreign minister (Annalena Baerbock, Greens), sanctions against Russia will not be lifted even if there are protests over high energy prices.

Germans Already Pay More For Their Energy Than Anybody Else

And now prices will be rising dramatically? Well, maybe they’re doing something wrong. Maybe it’s, I dunno, political or something? Nah.

Spanish Electricity Costs 67% Less German Power – Spanish electricity cost less than half of what German power did in the market in August as it benefited from a cap on natural gas prices, according to Spain’s association of large energy users.

The average price for electricity in Spain’s wholesale market in August was 154.89 euros ($156) per megawatt-hour, without including a cost related to the cap, the AEGE group said. That was 67% less than in the German market and 69% less than in the French market, it said in a survey released Wednesday. Spanish prices are still significantly lower when the cap is added.

“Weaponizing Energy Supplies?”

Sure. If you voluntarily give them that weapon. What else would you expect?

Nord Stream 1: Russia’s Gazprom halts gas supply to Germany – Russian energy giant Gazprom said due to maintenance on the Nord Stream 1 pipeline there would be no gas flow to Germany between August 31 and September 3. Berlin has accused Moscow of weaponizing energy supplies.

After sanctions were imposed on Russia following Moscow’s “special military operation” in Ukraine, Russia has also cut off supply to Bulgaria, Denmark, Finland, the Netherlands and Poland completely, and reduced flows via other pipelines.