By SIMON CONSTABLE
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By SIMON CONSTABLE
On the surface, it sounds like the early 1970s, with shortages at gas pumps and homeowners suffering through soaring heat prices. But this isn’t the energy crisis of 1973, when a group of oil-rich Arab countries embargoed oil exports to the US and other countries. It’s actually what is happening in large pockets across the globe, only it has a new name: energy insecurity. Read more here.
By SIMON CONSTABLE
Natural-gas prices could jump by 15% or more by year-end as supplies fall far short of demand, experts say.
“Increasing supply is now getting trickier, and we really don’t see much of a jump until this time next year,” says Peter McNally, an energy expert at Third Bridge. Read more here.
By SIMON CONSTABLE
This is the highest jump in German inflation since the British Queen took the throne seven decades ago. Read more here.