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Newsday via Getty Images |
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. --->READ MORE HERE
Voters in swing House districts are fixated on rising inflation and rising gas prices, according to fresh Republican polling, highlighting the difficult political challenges confronting Democrats ahead of midterm elections.
In polling commissioned for former Vice President Mike Pence’s political nonprofit group, 25% of registered voters in four battleground House districts cited “inflation and rising gas prices” as the issues they are most concerned about. Another 12% said their top priority was the “economy and jobs.” With President Joe Biden struggling to connect with voters on these issues, the Democrats’ five-seat House majority is increasingly in jeopardy — as is their slim Senate majority.
Pence’s group, Advancing American Freedom, is in the middle of a $10 million campaign to boost Republican prospects in the midterm elections as the former vice president mulls a 2024 presidential bid. As a part of that investment, Advancing American Freedom hired veteran Republican pollster Dave Sackett to survey voters in four swing House districts to gain a broader understanding of the issues driving the electorate. As suggested in national polling, the economy, specifically inflation, is king.
Sackett, from the Tarrance Group, examined voter attitudes in Iowa’s Des Moines-anchored 3rd Congressional District; eastern Kansas’s 3rd Congressional District, dominated by the Kansas City suburbs; Minnesota’s St. Paul-anchored 2nd Congressional District; and northeastern Pennsylvania’s Scranton-anchored 8th Congressional District. The sample size was 400, with 100 coming from each district, and the margin of error was plus or minus 4.9 percentage points. --->READ MORE HEREFollow links below to relevant/related stories:
+++++Inflation, gas prices spell trouble for Democrats in 4 battleground House races+++++
US gas prices soared by 47 cents over the past month to record highs
Gas Prices Soar to Record High $4.62 – 18 States Hovering Around $5/Gallon
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