Egypt is now offering a real-time example of what happens when an energy crisis moves from theory into reality, and it is not unfolding in some distant or abstract...
The problem with an oil crisis is that the public never feels it all at once because oil does not move by magic. It moves by ship, and ships move slowly. That delay...
The U.S. Postal Service is now introducing its first-ever fuel surcharge, and that should stop everyone in their tracks. This is not just about postage going up....
South Korean President Lee Jae Myung has now called for a nationwide energy-saving campaign, urging citizens to take shorter showers, reduce car usage, and adopt a...
What is unfolding in Slovakia right now is being described as “fuel tourism,” but that term itself is misleading because it suggests something abnormal when in...
Governments never seem to learn from history. Every time energy prices surge, politicians rush to impose price controls as if markets can be commanded to obey...
One of the most dangerous illusions in Washington is the belief that war and energy shocks are temporary. Politicians always assume that prices will spike briefly...
The EU has now given its final approval to a legally binding ban on Russian gas imports, pretending this is some grand moral victory. Reuters is reporting that the...