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It’s not exactly breaking news at this point, but there is a storm brewing in the world’s energy markets, and it’s starting to worry a lot of people. On the surface, it can appear as though all these problems are localised, that they are entirely separate, or even that they’re not really problems at all, but the reality is far different. No matter where you are in the world, you’ve probably noticed something going on. In Europe, there are natural gas supply problems wreaking havoc across multiple countries and forcing them to rely on Russia to rid them of their woes. In China, there are problems with coal and electricity, which have led to rolling blackouts across two thirds of the country. And in the US, gas prices are soaring, as we get nearer and nearer to oil prices that many people thought we had left in the past. In short, there are problems all around the world, and despite what some media organisations will tell you, they are not independent, they are not irrelevant, and they certainly shouldn’t be ignored. Today, we’re going to take a deep dive, and look at everything that’s gone on, how we got to this point, and what might lie in store for us in the future.
Articles Referenced In The Video; All Of These Articles Can Also Be Found On My Patreon For Those Stuck Behind A Paywall: https://www.patreon.com/StoicMedia
https://www.forbes.com/sites/christopherhelman/2021/10/19/energy-crisis-2021-how-bad-is-it-and-how-long-will-it-last/?sh=2cb799694c63
https://www.forbes.com/sites/arielcohen/2021/10/19/chinas-energy-crisis-deepens-with-potentially-fatal-consequences/?sh=5fb26c9a1163
https://www.forbes.com/sites/arielcohen/2021/10/14/europes-self-inflicted-energy-crisis/?sh=2ce05d712af3
https://www.telegraph.co.uk/world-news/2021/10/18/russia-holds-back-gas-supply-europe-amid-pressure-approve-nord/
Videos Referenced In The Video:
#EnergyCrisis #EnergyShortage #GasPrices
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