Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

• Europeans are hoarding wood, cleaning chimneys, and mulling horse dung as winter looms in an energy crisis
• Prices for wood pellets have nearly doubled to 600 euros a ton in France, and there are signs of panic buying of the world’s most basic fuel. Hungary even went so far as to ban exports of pellets, and Romania capped firewood prices for six months. Meanwhile, wood stoves can now take months to deliver.
• Customers are inquiring about burning horse dung and other obscure fuels.
• Strapped households across the region are increasingly faced with choosing between heating and other essentials.
• Peter Engelke is putting up a new security gate at his warehouse because of concerns about desperate people pilfering his stock. The precious asset at risk is firewood.
• In Berlin, the crisis creates unsettling echoes of the desolation following World War II. With fuel in short supply, residents chopped down nearly all the trees in the central Tiergarten Park for heating.

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