I read that the price of firewood in the EU is astronomical.
This is not good....
The end of the lockdowns in China could eventually lead to the depletion of world oil reserves.
Writes about it Bloomberg.
The agency also reports that in the near future, recovering demand in China may significantly increase the price of oil.
Bloomberg
Europe Edition
• Live Now
Chinese Oil Demand to Rebound as
Refiners Rush to Use Quotas
■ Beijing issues multiple allowances for oil imports, fuel flows
■ Refinery runs to be increased over coming two months, FGE says
The Germans burn living trees to provide energy, but burning dead trees aka coal has been tabooed.