A Small Taste of How Serious Fuel Supply is getting
- May 20
- 1 min read
Source: Hal Turner
As most people continue to IGNORE the disastrous closure of the Strait of Hormuz, and as Futures Markets continue to be willfully deluded that everything will be "OK," while..... word out of Europe today should reframe their attention.
Germany’s natural gas storage facilities — the largest in Europe by far — are currently less than 30% full, with traders reluctant to buy gas at current price levels. (Their delusion tells them the price will come down.)
Dutch storage levels are even lower at just 12.5% full.
Gasunie, the country’s gas network operator, says inventories must reach 87% capacity by the end of the refill season on November 1, 2026.
Except the Strait of Hormuz is still closed. Neither oil nor natural gas, is flowing through it.
That's the one "constant" in this sordid affair. Except the people who are supposed to be "professionals" seem to have their heads in the sand like an Ostrich, so they can ignore the reality taking place.
