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American Coal to the Rescue

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Tue, Oct 18, 2022 01:43 PM

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Europe is in dire need of fossil fuels as winter temperatures loom. Luckily, American coal is servin

Europe is in dire need of fossil fuels as winter temperatures loom. Luckily, American coal is serving as a lifeline to nations cutoff from Russian energy — and the numbers prove it. Europe is in dire need of fossil fuels as winter temperatures loom. Luckily, American coal is serving as a lifeline to nations cut off from Russian energy — and the numbers prove it.   [Wealth Daily]      Brian Hicks / Oct 18, 2022 American Coal to the Rescue This past Saturday, my wife and I went to Harpers Ferry, West Virginia, to hike the various trails. Despite its small stature as a town (current population of just 285 as of the last census taken in 2020), Harpers Ferry is a giant in American history. The events that played out there 163 years ago will forever be remembered. Here’s what happened… On the evening of October 16, 1859, a man named John Brown, a staunch abolitionist, and 22 of his followers raided and took control of Harpers Ferry. At the time, Harpers Ferry was a small industrial town but a major transportation hub because it resides at a place in eastern West Virginia where the Shenandoah River joins the Potomac River. The C&O Canal runs through it as well as a major industrial railway. Descending upon the town in the early hours of October 17, Brown and his men took local residents hostage and seized the federal armory and arsenal. Brown had hopes that the local slave population would join the raid and through the raid’s success, weapons would be supplied to slaves and other abolitionists throughout the country. This didn’t happen. First held down by the local militia in the late morning of October 17, Brown barricaded himself in the arsenal’s engine house. However, this sanctuary from the firestorm did not last long. In the late afternoon U.S. Marines under Colonel Robert E. Lee arrived and squashed the insurrection, killing many of the raiders and capturing Brown. Brown was quickly placed on trial and charged with treason against the state of Virginia, murder, and slave insurrection. Brown was sentenced to death for his crimes and hanged on December 2, 1859. Today, thousands of people visit Harpers Ferry on the weekends, not so much for its important history but for the miles of hiking trails surrounded by the beautiful landscape, especially during autumn. The day I hiked, two CSX trains went through the town, about an hour apart. You can see the railroad tracks behind me in this picture: [Brian Hiking] These trains were long. I mean really long. I tried to count how many cars the locomotives were pulling, but got tired of waiting for the end of the line. I suspect hundreds of cars were on the tracks… maybe miles long. And can you take a guess what these train cars were hauling? Lifesaving West Virginia and Kentucky coal. Mark Your Calendar: November 15, 2022, Could Make You Very Rich When this little-known tech company makes its announcement on November 15, 2022... it will send shock waves throughout the world. Google’s CEO, Sundar Pichai, says it’s humanity’s most important invention. And the few people who know about it ahead of time could make millions. Because this company's new breakthrough — Invictus — is about to blow the doors off a $47 TRILLION revolution, transforming practically every aspect of society. [Let me show you how to get in before November 15, 2022.]( King Coal American coal is serving as a lifeline to nations cut off from Russian energy. And the numbers prove it. U.S. coal exports rose in the second quarter of this year as demand and prices remained elevated during this global energy crisis. Shipment volumes increased 14.8% quarter over quarter, to 21.6 million tonnes, and climbed 4.6% year over year, according to S&P Global Market Intelligence data. The global coal market has become tight as several countries stopped receiving supplies from Russia following its Feb. 24 invasion of Ukraine. High natural gas prices and the lack of new project investments have also pushed up coal prices. [WD Coal Chart] Asia and Europe received the most coal shipments from the five largest ports in the U.S.: Norfolk, Virginia; Baltimore, Maryland; New Orleans; Mobile, Alabama; and Seattle. Other destinations for U.S. coal exports included South America and Africa. All coal shipped through Seattle during the second quarter went to Asia. Europe is in dire need of American fossil fuels. And I mean dire need. Europe — heck, the entire planet — is facing a black winter. The headlines say it all… “Get Ready for Blackouts From London to LA as... Energy Prices [Skyrocket].” — Business Insider, Sept. 9 “German Citizens Are Panicking... Stockpiling Wood and Coal in Preparation to Heat Their Homes and Cook Their Food This Winter.” — Yahoo Finance, Aug. 26 “Global Energy Crisis Threatens to Hit U.S. Grids This Winter… Global Coal Shortages May Leave Utilities Without Enough Fuel.” — Bloomberg, Oct. 7 If you think these headlines are a bit dramatic, I want you to know that we just had a similar situation this past summer. Are You Sick of Market Crashes Gutting Your Retirement Account? There’s a way to flip the market carnage into a legal fortune…Without shorting a single stock…And without touching options, cryptos, or “meme" stocks. This radical “blueprint'' could help anyone turn $500 into $1.2 million in under a year. [For more details, go here now.]( The disturbing story I’m about to tell you happened last summer in the state of Colorado when the National Weather Service issued an extreme heat advisory. For days, temperatures around the state reached record highs, hitting the 100s for nearly a full week. Colorado had never experienced anything like it before. The state is usually cooler than most of the U.S. in the summer. But this time, Colorado was baking in the historic heat. The Washington Post reported, “September’s heat wave in the West is the most severe on record,” causing thousands of deaths. A bicyclist in western Colorado died because he ran out of water. Schools closed. Government facilities like public libraries became “cooling stations” for people looking to escape the heat. That’s how hot it was. But if that wasn’t wasn’t bad enough, what I’m about to tell you is a shocker: When 22,000 residents in Denver tried seeking relief from the blistering heat in their air-conditioned homes, they discovered that their thermostats were locked. They couldn’t adjust them. In an attempt to conserve energy and save the electrical grid from melting down, the utility company Xcel remotely took total control over their thermostats. The same thing happened in Spain last summer, when the national government set strict limits on air conditioning and required thermostats to be set at 80 degrees during an unprecedented heat wave. The cost of not following the mandate? Jail time. According to an August 17 ABC report, “Spain swelters through summer under [the] new rules to reduce Europe’s reliance on Russian gas.” It would prove deadly. Spain’s prime minister announced more than 500 people died during a 10-day heat spell in July. By the end of summer, more than 2,000 were dead from heat-related causes. And in San Jose, California, the Santa Clara Valley Medical Center — a huge hospital — lost all power during a heat wave-induced blackout. Surgeries had to be canceled… the emergency room closed… and patients relying on lifesaving medical equipment had to be rushed to other hospitals. Energy has the power to save lives. The lack of energy has the power to kill. And here’s why I’m talking to you today. The same thing is about to happen again. But this time with bone-crushing freezing temperatures this winter. It will only get worse. American fossil fuels — oil, natural gas, LNG, and coal — are going to be in high demand for years to come as the world starves for energy. We will soon have a full report on some of the American energy companies that stand to benefit greatly from this crisis. In fact, savvy investors like Warren Buffett and Ray Dalio believe U.S. energy is in for a long bull market. They’ve been buying oil and gas stocks hand over fist. In fact, the best-performing stock in the S&P 500 this year is Occidental Petroleum, up over 100% year to date. It's an oil and gas stock. And Warren Buffett has been buying a ton of it. And so are we at Wealth Daily. Stay tuned. [Brian Hicks Signature] Brian Hicks [[follow basic]Check us out on YouTube!]( Greta Thunberg Agrees With What?! Russia shutting its pipeline to Europe has left Germany utterly desperate for energy. [GeeksforGeeks logo]( It’s gotten so bad that Germany is retracting its pledge to shut down old nuclear reactors by the end of the year. Even ultra-environmentalist Greta Thunberg has no choice but to agree that nuclear power is the way forward. But this is just the start... Countries around the globe are relying on nuclear power more than ever. And what’s coming isn’t the same old nuclear energy you may be familiar with... I call it "TriFuel-238," and not only is it 40,835 times more powerful than natural gas... And over 42% cheaper than coal... But it creates clean energy 24/7! [This is the "next generation" of nuclear power, potentially earning investors five-digit returns and beyond in the near future.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.  Â

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