An oil supply cut from the Organization of the Petroleum Exporting Countries threatens to deepen a global energy crisis by sending oil prices higher at a time of already elevated Read more
Tag: Natural Resource Scarcity
OPEC+ supply cut threatens to tip global economy into recession, IEA says
An oil supply cut from the Organization of the Petroleum Exporting Countries threatens to deepen a global energy crisis by sending oil prices higher at a time of already elevated Read more
Europe’s latest energy worries: U.K. blackouts and Germany’s Rhine running dry
While American tourists have been filling up Europe’s corners this summer, happily snapping away and occasionally complaining about the heat, the region’s energy/climate crisis continues to deepen. In the latest Read more
Europe’s latest energy worries: U.K. blackouts and Germany’s Rhine running dry
While American tourists have been filling up Europe’s corners this summer, happily snapping away and occasionally complaining about the heat, the region’s energy/climate crisis continues to deepen. In the latest Read more
Australia faces damaging domestic natural-gas shortfall in 2023, watchdog says
SYDNEY — Australia faces an economically damaging domestic gas-supply shortfall in 2023 and the government should work with producers to immediately redirect liquefied natural gas intended for export, the country’s Read more
European Union proposes 15% reduction in gas use amid Russia threats
European Union proposes 15% reduction in gas use amid Russia threats
Opinion: A revolution on the supply side is needed to defeat inflation without crushing the global economy
MILAN, Italy (Project Syndicate)—Central banks’ efforts to contain high and rising inflation are fueling headwinds to growth and are threatening to tip the global economy into recession. But the proximate Read more