Extended energy supply shortage looms as prices for oil and natural gas soar | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Extended energy supply shortage looms as prices for oil and natural gas soar

The prices of oil and natural gas have been on an extended climb, a trend that is warning America that energy supply shortages will soon become more commonplace.

On Monday, Oct. 11, the price of U.S. crude oil rose by 1.5 percent to $80.52 a barrel. This is the first time the price of crude oil closed above $80 since late 2014. This also represents a 125 percent increase in the price of oil since the end of October 2020.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA