RT @shellenberger: The Hormuz crisis is the precipitating factor in the current energy crisis, but the underlying cause is too little oil a…

Investors built their portfolios for a world of cheap energy that no longer exists. Dozens of traders, shippers, and executives say the market still has not grasped the severity of the Hormuz crisis. Today might be the day it does. https://t.co/pwKDZokIAs

5/ This is the pattern everywhere. Greens/Labor/Democrats restrict oil and gas production for years. Then, a crisis hits and they quietly reverse course while pretending nothing changed. They never accept responsibility for the damage. https://t.co/z7T32arVtk [Quoted] The Hormuz crisis is the precipitating factor in the current energy crisis, but the underlying cause is too little oil and gas production outside the Persian Gulf. Had the world spent the past decade building the oil, gas, LNG,...

The Hormuz crisis is the precipitating factor in the current energy crisis, but the underlying cause is too little oil and gas production outside the Persian Gulf. Had the world spent the past decade building the oil, gas, LNG, pipeline, and fertilizer infrastructure that https://t.co/lC3KwU7dA0 https://t.co/h3d1pwxKHY [Quoted] We should have spent more on green energy, say the media. No, we shouldn't have. The $2 trillion we spent did nothing to prevent the energy crisis and may even have ca...