Latest News › Forums › Discussion Forum › Peak Oil and the Iraq War › Reply To: Peak Oil and the Iraq War
October 12, 2021 at 09:29
#79315
michael norton
Guest
How things change, at the moment Brent Crude is only a dollar off its five year high, this is almost certainly caused by the drastic reduction of Fracking in the U.S.A., when the arse collapsed, as we entered the pandemic, now some are coming out of the pandemic, there is a drastic lack of fuel, plus fuel scares/panicking.
At the low point Natural Gas was 9.63 pence / therm on 29/05/2020
today, 12/10/2021 Natural Gas is 221.2 pence / therm
that is a multiple of thirty three times