U.S. Department of Energy rejects initial bids to resupply oil stockpile

[Hortensis]

9. Continued short supply from the pandemic adjustments and Russia

and the Ukraine invasion, including sanctions on Russian oil and gas, mean this is a period of higher prices globally anyway. It's already lead to civil unrest and demonstrations in nations around the planet, and it's going to get worse over the coming winter months.

Btw, energy supply problems, including Europe's due to lack of Russian gas, are predicted to be significantly worse NEXT winter. Energy production overall is still going to be lower than needed, and many nations are still in serious economic trouble from the pandemic and can't take care of their people as well as ours.