US summer fuel shortages could be worse than 1970s oil crisis: IEA chief

m.knox

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Aug 20, 2003
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LOL... #BIDENCOOLEREFFECT.........

https://nypost.com/2022/05/31/summer-fuel-shortages-could-be-worse-than-1970s-oil-crisis/

The United States and Europe could experience fuel shortages this summer that could be worse than the 1970s oil crisis as demand ramps up for travel season, the head of the International Energy Agency warned.

“When the main holiday season starts in Europe and the US, fuel demand will rise,” Fatih Birol told Der Spiegel.

“Then we could see shortages — for example, in diesel, petrol or kerosene, particularly in Europe.”

Birol said the current energy crisis could be worse and longer-lasting than the shocks of the 1970s.

“Back then it was just about oil,” he said. “Now we have an oil crisis, a gas crisis and an electricity crisis simultaneously.”

Oil prices spiked sharply as a result of the outbreak of the Yom Kippur War in 1973 as well as the Islamic Revolution in Iran in 1979.
 
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Vic Vaselino

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Nov 14, 2009
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LOL... #BIDENCOOLEREFFECT.........

https://nypost.com/2022/05/31/summer-fuel-shortages-could-be-worse-than-1970s-oil-crisis/

The United States and Europe could experience fuel shortages this summer that could be worse than the 1970s oil crisis as demand ramps up for travel season, the head of the International Energy Agency warned.

“When the main holiday season starts in Europe and the US, fuel demand will rise,” Fatih Birol told Der Spiegel.

“Then we could see shortages — for example, in diesel, petrol or kerosene, particularly in Europe.”

Birol said the current energy crisis could be worse and longer-lasting than the shocks of the 1970s.

“Back then it was just about oil,” he said. “Now we have an oil crisis, a gas crisis and an electricity crisis simultaneously.”


Oil prices spiked sharply as a result of the outbreak of the Yom Kippur War in 1973 as well as the Islamic Revolution in Iran in 1979.
New York suspending gas tax for the rest of the year. Glad that I live less than a mile from the border. PA won't be getting any gas tax money from me until next year.
 

m.knox

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Aug 20, 2003
104,739
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New York suspending gas tax for the rest of the year. Glad that I live less than a mile from the border. PA won't be getting any gas tax money from me until next year.

I can see you driving your pick up truck with a confederate flag hanging off the back and Lynyrd Skynyrd blaring while you drive across state lines to avoid paying your fair share...
 

Vic Vaselino

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Nov 14, 2009
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I can see you driving your pick up truck with a confederate flag hanging off the back and Lynyrd Skynyrd blaring while you drive across state lines to avoid paying your fair share...
2020 Highlander. And i love Skynyrd>
 

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