Home » Posts tagged 'energy price'
Tag Archives: energy price
We Are Going To See Energy Prices Go Absolutely Nuts This Winter Just As We Plunge Into A Horrifying Global Economic Crisis
We Are Going To See Energy Prices Go Absolutely Nuts This Winter Just As We Plunge Into A Horrifying Global Economic Crisis How would you feel if your power bill went up by 50 percent this winter? How about 100 percent? Unfortunately, these kinds of price increases are already being announced. The world was heading […]
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis”
UK Natural Gas Prices Hit New High, Trigger “Marketwide Crisis” Update (1120ET): The latest jump in U.K. natural gas prices has been called a “national crisis” by multiple energy firms and industry groups in the country. They’re requesting the government protect customers and suppliers as critical Russian gas flows into Europe plunge, nuclear outages in France, and cold […]
From Bad To Worse: Another French Nuclear Reactor Cuts Output Due To Strike
From Bad To Worse: Another French Nuclear Reactor Cuts Output Due To Strike France’s energy crisis worsened overnight when another nuclear power plant had to reduce electricity output. Power prices jumped as the government requested one of the largest utility companies to restart more nuclear reactors amid cold weather. Following last week’s shuttering of two nuclear […]
Inflation Soared to 6.8% in November
Inflation Soared to 6.8% in November Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor Department, this is the fastest pace of inflation since June 1982. In addition, Core-CPI rose 0.5% last month, amounting to a 4.9% […]
Biden’s New “Regressive” Methane Tax Will Raise Average American’s Gas Bill By 17%: Op-Ed
Biden’s New “Regressive” Methane Tax Will Raise Average American’s Gas Bill By 17%: Op-Ed At a time when the Biden administration is panicking in an attempt to keep energy prices down, the House has slapped a “fee” on methane that is being called a “stealth tax” on natural gas and everyone who uses it. The […]
Soaring energy prices in Europe are forcing U.K. factories to shut down
Soaring energy prices in Europe are forcing U.K. factories to shut down Europe is facing an extreme squeeze for energy supplies, with gas and power prices breaking records day after day Europe’s energy crunch has forced a major fertilizer maker to shut down two U.K. plants, the first sign that a record rally in gas […]
Chevron CEO Warns “New Dynamics” To Boost Energy Prices Amid Global Supply Crunch
Chevron CEO Warns “New Dynamics” To Boost Energy Prices Amid Global Supply Crunch Soaring energy prices are stoking new concerns about a stagflationary environment of high prices and waning economic growth. Natural gas prices in Europe and the US are through the roof, and WTI futures are over $70 per barrel. Chevron Corp.’s CEO Mike […]
IEA: Expensive Energy Is Threatening Economic Growth
IEA: Expensive Energy Is Threatening Economic Growth Expensive energy is back and it is threatening global economic growth, the International Energy Agency (IEA) said in its Oil Market Report on Friday, joining other organizations like the International Monetary (IMF) and OPEC that also expressed this week concerns about mounting challenges to economic and oil demand […]
How energy shortages really affect the economy
How energy shortages really affect the economy Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I also consider some of the physics associated with the […]
