America’s new energy crisis

Energy shortages now loom as US stockpiles of everything from crude oil to petroleum products fall. Electricity grid operators have warned of controlled outages to balance supply and demand on the hottest days (Photo: Bloomberg)Premium
Energy shortages now loom as US stockpiles of everything from crude oil to petroleum products fall. Electricity grid operators have warned of controlled outages to balance supply and demand on the hottest days (Photo: Bloomberg)
 wsj 13 min read . Updated: 31 Jul 2022, 05:32 PM IST Christopher M. Matthews, The Wall Street Journal

Fossil fuel plants are closing faster than green alternatives can replace them. Producers of oil and gas can’t keep up with a surge in demand. How did this happen, and what will it take to fix it?

America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the 1970s is how it started and the fixes required to make it end.

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