Thanks to unseasonably warm weather, increased energy production and some conservation, the U.S. and Europe may get through the winter without serious shortages. But a bout of bad weather would change all of that, especially in the northeastern U.S.
Production of oil and gas has been downgraded, while trillions of dollars have been spent on renewables. But these energy alternatives can’t begin to meet our needs. We’re in serious energy trouble.
This episode of What’s Ahead explores why we must have massive new investments in oil and gas and what must be done to make that possible.
Source: https://www.forbes.com/sites/steveforbes/2022/11/03/looming-energy-disaster-is-on-its-way/