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Not only price high but supplies of gas is low. There are many causes for there to be a demand shift[1]. First of all what even is a fuel crisis? A fuel Crisis is when the price of fuel increases dramatically and the supply available is low[2]. Now let's talk about the effects that the war that Ukraine is in and how that's affecting the supply of gas.

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The war in Ukraine has been going on for several months as of ( October 17th, 2022) and as of November 7th, the war is still ongoing.[3]Just like any war Ukraine is using a lot of resources like fuel, food, and metal[4] but has no time to deliver the resources that it normally does. This does not just affect Ukraine but the effects are being felt globally.[5]The war that Ukraine is in is a war with Russia. Russia has stopped producing oil in turn to fight this war. "Global access to oil and gas has been significantly reduced."[6] Now that gas is reduced that means the demand for what is produced will be higher. "Crude oil prices—currently up 33 percent—are projected to rise above 50 percent by the end of the year".[6] Now since Ukraine is at the war with Russia they are experiencing the worst of the problem. "For the past three weeks, the country has found itself during an acute fuel shortage which means that all but a handful of pumps nationwide are closed to the public."[7]

 
Graph Of oil prices

Now you may be thinking ok they don't have gas how bad can it be. "Ukraine in a given year is either the third or fourth biggest source of agricultural imports."[8] With the lack of fuel Ukraine can not operate like it used to. "Farmers need fuel, mostly diesel, to power their tractors, plows, combines, and delivery trucks."[8] Since they are not getting fuel due to power outages and the dock imports bing blocked all of the normal exports are not being produced and if they are then they are not leaving Ukraine.

So now that we understand a little about why we are in a fuel crisis let's talk about the effects that its having. The American government just released that there is only about a 25 day supply of diesel fuel left. [9] Now how does that effect people in America. Well one article says that "most likely scenario is higher prices, with some sporadic local outages that get filled in by surrounding markets"[10] Now what going to be one of the biggest problems in the next few months is that the majority of the United State uses fuel to heat there house. [11]

There is some good news. There are solutions to help with this crisis. "In short, the solution is to slash energy demand: grow more food and less fodder, drive and fly less, turn down the thermostat."[12] There is also the solution of changing the type of energy that we are currently using.[13] The easiest solution at the moment is to not use fuel if you don't need to[14]. If you can walk do your part and walk to where you are going. If you need to drive thin k about carpooling. For this to be effective everyone will need to participate not just the United States. Many people are on the same page that clean energy is the way to go. "The solution to this price crunch is a swift and urgent transition to clean energy—not more leasing, drilling, or investments in the same volatile fuel sources that are contributing to the current energy crisis."[15]


References edit

  1. ^ "Gasoline price fluctuations - U.S. Energy Information Administration (EIA)". www.eia.gov. Retrieved 2022-11-07.
  2. ^ "oil crisis | Definition, History, & Facts | Britannica". www.britannica.com. Retrieved 2022-11-07.
  3. ^ "2022 Russian invasion of Ukraine", Wikipedia, 2022-11-07, retrieved 2022-11-07
  4. ^ "Build A Kit | Ready.gov". www.ready.gov. Retrieved 2022-11-07.
  5. ^ "Ukraine war: What are the impacts on the world today? | International Rescue Committee (IRC)". www.rescue.org. Retrieved 2022-11-07.
  6. ^ a b "Ukraine and the food and fuel crisis: 4 things to know". UN Women – Headquarters. Retrieved 2022-10-18.
  7. ^ "Much of Ukraine is paralysed by a petrol shortage". The Economist. ISSN 0013-0613. Retrieved 2022-10-18.
  8. ^ a b "Ukraine's Growing Fuel Crisis Will Cause Global Hunger and Worsen Inflation". Time. Retrieved 2022-10-18.
  9. ^ Henney, Megan (2022-11-01). "Low diesel supply threatens to worsen inflation crisis". FOXBusiness. Retrieved 2022-11-04.
  10. ^ wthornton@al.com, William Thornton | (2022-11-03). "Is there a diesel fuel shortage coming? Are we going to run out?". al. Retrieved 2022-11-04.
  11. ^ Yablonski, Steven (2022-01-11). "Turning up the heat: How Americans prefer to warm up their homes in winter". FOX Weather. Retrieved 2022-11-04.
  12. ^ Creutzig, Felix (2022-06). "Fuel crisis: slash demand in three sectors to protect economies and climate". Nature. 606 (7914): 460–462. doi:10.1038/d41586-022-01616-z. {{cite journal}}: Check date values in: |date= (help)
  13. ^ philippe, Violette Philippe (2022-06-16). "Fuel shortage: what solutions?". Energynews.pro. Retrieved 2022-11-04.
  14. ^ Stokel-Walker, Chris. "This Is How the Global Energy Crisis Ends". Wired. ISSN 1059-1028. Retrieved 2022-11-04.
  15. ^ "5 Reasons Why the United States Can't Drill Its Way to Energy Independence". Center for American Progress. Retrieved 2022-11-04.