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HomeEnergy Crisis

Energy Crisis

G7
Geopolitical

G7 agree on Russian oil price cap in bid to deplete Moscow’s war chest

September 5, 2022 Mariel Alumit

TOKYO/WASHINGTON – Finance chiefs from the Group of Seven advanced economies agreed Friday to cap Russian oil prices in their latest effort to squeeze Moscow’s revenues for its war in Ukraine while preventing global energy prices […]

EUROPE
Coal

EUROPE FIRES UP COAL!

August 31, 2022 Mariel Alumit

It’s Back To Coal~Europe Buckles and needs some energy… their Green has molded over and it stinks!! What happened to all of their solar panels and wind mills? Where’s their little Greta and her “How […]

Nuclear
Crude Oil News

Renewed interest in nuclear as energy crisis deepens

August 31, 2022 Mariel Alumit

Nuclear power may be on the verge of a global renaissance just over a decade after the Fukushima disaster placed its future in doubt. The global shortage of gas in the face of the Ukraine […]

Crisis
International News

The Global Gas Crisis Is Spilling Into The United States

August 30, 2022 Mariel Alumit

Both experts and everyday consumers remain at odds about the current state of the global natural gas market. The main point of contention is whether U.S. prices will drop significantly or rise further. With inflation […]

Nearly
Geopolitical

Nearly a quarter of UK adults ‘won’t turn on heating this winter’ as energy bills soar

August 30, 2022 Mariel Alumit

Nearly one in four adults plan never to turn their heating on this winter, polling suggests, as average energy bills are set to surge while the temperature drops over the coming months. The survey of […]

Europeans
Climate Crisis

Analysis: Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

August 26, 2022 Mariel Alumit

LONDON, Aug 26 (Reuters) – No more ironing, limited oven use and showering at work – Europeans are trying to keep their energy use down but the bills keep climbing. As wholesale gas and electricity […]

Power Bills
Energy Policy

“Tsunami Of Shutoffs”: 1 In 6 US Homes Are Behind On Power Bills

August 25, 2022 Mariel Alumit

At least 20 million households — or about 1 in 6 American homes — are behind on their power bills as soaring electricity prices spark what is said to be the worst-ever crisis in late […]

gas price
Geopolitical

Analysis: ‘New shock’ for European markets as gas price spike fuels inflation fears

August 24, 2022 Mariel Alumit

LONDON, Aug 24 (Reuters) – Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to ease, with financial markets now bracing for higher prices, a […]

Germans
International News

Seven out of 10 Germans using less energy due to soaring prices -survey

August 19, 2022 Mariel Alumit

BERLIN, Aug 18 (Reuters) – Seven out of 10 Germans are using less energy due to decades-high inflation in Europe’s largest economy while half are spending less on leisure activities, according to a new survey. […]

Germany's gas
International News

German gas consumption down 15% in H1, says power industry body

August 16, 2022 Mariel Alumit

BERLIN, Aug 16 – Germany’s gas consumption fell significantly in the first half of 2022, even when differences in weather were taken into consideration, said power industry association BDEW on Tuesday. Germans consumed nearly 15% […]

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