Mmastodon EnvironmentEnergy first seen 17 h ago, last 42 min ago, peak #1

How many price shocks before governments quit oil and gas?

Original: How many price shocks before governments get people off oil and gas? Oil is moving through Hormuz again, but shipping re

Oil is once again moving through the Strait of Hormuz after recent disruption, but shipping through the waterway remains dangerous and costly. Campaigners argue that repeated price shocks tied to the chokepoint show the cost of continued dependence on oil and gas, and are urging governments to speed up the transition off fossil fuels while pushing for peace in the region.

Why now: Renewed tanker traffic through the Strait of Hormuz after a period of danger has put fossil fuel dependence and energy price volatility back in the spotlight.

Strait of HormuzGreenpeaceOPEC oil market

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Rank over time, top of the chart is #1. 33 snapshots from 17 h ago to 42 min ago.

Evidence

• How many price shocks before governments get people off oil and gas? Oil is moving through Hormuz again, but shipping remains dangerous and costly. Families will keep paying for this fossil fuel mess as long as we keep depending on oil and gas. Protect people! Push for PEACE… · greenpeace · 25

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