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    World losing more barrels of oil a day than in two 1970s crises combined

    Started by RE Mar 22, 2026, 09:20 PM

    Message path : / Planetary Material Conditions / Peak oil / Cuba's electric grid collapses after power plant failure, millions without light #18


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    RE

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    Mar 22, 2026, 09:20 PM

    THEGUARDIAN.COM • 2026-03-22

    World losing more barrels of oil a day than in two 1970s crises combined, says IEA chief

    The head of the International Energy Agency is addressing Australia’s national press club now and says the public needs to understand the “depth of the problem” facing the globe.  Fatih Birol starts by saying the situation is now “very serious”, more so than the two oil crises in 1973 and 1979, and more serious than the gas crisis sparked by Russia’s invasion of Ukraine.




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