Gas prices at a Mobil gas station in West Hollywood, Calif., on March 8, 2022. AP Photo/Jae C. Hong by Scott L. Montgomery, University of Washington The world is in the grip of an oil price shock. In just a few months, prices have risen from US$65 a barrel to over $130, causing fuel costs … Continued
The post Oil price shocks have a long history, but today’s situation may be the most complex ever appeared first on New Pittsburgh Courier.