There is no energy crisis. There is a crisis of confidence. The untrusting liberal-left majorities in power in most Western countries have failed to grasp the dynamic that relatively cheap and plentiful energy are the very lifeblood of prosperity, and they just cannot have all this prosperity, as it interferes with their exercise of sadistic pranks on the general population.
So they throw up all kinds of regulations and roadblocks to the free-market transfer of energy sources, reverting to some rather dodgy interpretations of “science” to “prove” that the burning of fossil fuels is the one and only source of some mysterious malign specter known today as “Climate Change”.
They cannot demonstrate with any convincing reasoning that there is a correlation between use of hydrocarbon-based fuels and how temperatures over the entire planet are affected in any way, shape, form or manner.
So they invent mantras, chanting them over and over, and with repetition, the mantras become “true”, that is, they have induced guilt in the hearts of the gullible.
And the gullible demand some kind of government action that will “stop” this “Climate Change” chimera.
Usually that means higher taxes and more meaningless regulations.
“There is no energy crisis. There is a crisis of confidence. “
There is an energy crisis in Europe, and it’s due to inadequate supply brought about by stupidity in Europe and the USA.
It’s not going away anytime soon either. Lack of investment in future production means there is no fast way to increase near term production. Govt is the cause of the lack of investment through regulations, closing production areas, killing pipelines and pushing of green energy investments over oil/gas production.
If the govt controls supply of any product, that product will go into shortage (COVID tests, anyone?). The energy industry is under too much govt regulation, and it didn’t take long for prices to shoot up. The only way for prices to come down is to kill consumption, which means killing economies.