CleanTechnica•3 months ago
The April Oil Crisis Most Don’t Know Is Coming
- •An impending 'April oil crisis,' likely driven by escalating Middle East conflict, is projected to significantly disrupt global oil markets.
- •This crisis will lead to increased oil prices, impacting fuel costs for gas-fired generation and potentially raising wholesale electricity prices for large consumers.
- •Developers and large loads should anticipate heightened market volatility and potential supply chain disruptions, accelerating the strategic shift towards energy independence and diversified generation portfolios.
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