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It’s Worse Than We Thought! How The Global Energy Crisis Will Have Long-Term Consequences
It’s Worse Than We Thought! How The Global Energy Crisis Will Have Long-Term Consequences
Third of UK’s remaining energy suppliers are at imminent risk of collapse
Third of UK’s remaining energy suppliers are at imminent risk of collapse About a third of the UK’s dwindling number of domestic energy suppliers are at imminent risk of collapse amid soaring wholesale energy prices, new analysis suggests. © Provided by The Telegraph Wind turbinesFourteen electricity and gas suppliers are deemed “maximum risk” under their credit […]
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all bets are now off as Europe is set to get its first cold blast […]
5 Ways Economy’s Worse Than You Think
5 Ways Economy’s Worse Than You Think https://youtu.be/fpbORCUTMq4
Two Big Myths About Why Energy Prices Are Rising
Two Big Myths About Why Energy Prices Are Rising Photo: Bridget Bennett/Bloomberg via Getty Images The global economic recovery is running low on fuel. Chinese factories have been flickering on and off as Beijing rations electricity. Britons have been parking in petrol lines as their nation’s pumps run dry. Americans have turned on their president as spiking gas prices eat their […]
How winter could worsen the global energy crisis.
How winter could worsen the global energy crisis.
‘I’m afraid we’re going to have a food crisis’: The energy crunch has made fertilizer too expensive to produce, says Yara CEO
‘I’m afraid we’re going to have a food crisis’: The energy crunch has made fertilizer too expensive to produce, says Yara CEO The world is facing the prospect of a dramatic shortfall in food production as rising energy prices cascade through global agriculture, the CEO of Norwegian fertilizer giant Yara International says. “I want to say […]
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem US gas prices at the pump (national average) are at $3.421, having soared since President Biden was elected – much like they did when President Obama was elected – to some of the highest prices in history… President Biden refuses to take any blame for […]
How Much of the Worsening Energy Crisis Is Due to Depletion?
How Much of the Worsening Energy Crisis Is Due to Depletion? If society attempts to maintain current levels of energy services throughout the transition, the result will be a spike in both energy usage and carbon emissions. Coal and natural gas spot prices have recently soared to record levels internationally, while oil is trading at over […]
China’s Blackouts Are Shining Light On A New Problem
China’s Blackouts Are Shining Light On A New Problem
World Should Brace for Global Oil Shortage and Skyrocketing Price Due to Worsening Crisis
World Should Brace for Global Oil Shortage and Skyrocketing Price Due to Worsening Crisis According to economists, chronic underinvestment in new oil supply since the 2015 crisis, as well as pressure on oil and gas corporations to reduce emissions and even “keep it in the ground,” would likely lead to global oil output peaking sooner than […]
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time A worker collects a crude oil sample at an oil well operated by Venezuela’s state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rawlins Oct 25 (Reuters) – Energy transition and peak demand predictions have spooked investors in oil, […]
China Rationing Diesel
China Rationing Diesel China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up […]
Energy Demand Destruction Will Lead To Global Recession, Tellurian Chairman Warns
Energy Demand Destruction Will Lead To Global Recession, Tellurian Chairman Warns One month ago, Goldman said that the one thing that could accelerate the resolution of Europe’s energy crisis was plain, simple “demand destruction” – i.e., a plunge in demand due to prices that were too high until the reduced demand leads to less supply and a […]
White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, on July 21, 2014. (Todd Korol/Reuters) EXECUTIVE BRANCH White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices The White House on Tuesday promised to put pressure on members of the Organization of the Petroleum Exporting Countries (OPEC) […]
