The decision to boost imports underscores the severity of India's fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years and electricity demand is seen rising at the fastest pace in nearly four decades.
Rallying natural gas prices this year have increased coal-fired power generation at U.S. utilities which ended the month of August with the lowest total coal stockpiles since at least 1997
beginning of the pandemic. prices start cooling off in the fall but the sticker shock may last longer. what is a global energy crisis. we re in the midst of what is developing into a global energy crunch. in china they are trying to cut energy consumption because of a lack of coal inventories. in europe there is a shortage of natural gas that has caused natural gas prices in europe to explode to their highest level ever. prices in michigan fell, i think in some cases to $1.30 a gallon. it shut down production. they let tens of thousands of workers go, why they shutdown so much production. the ifferocity caught everyby by surprise. the cartel decided to gradually increase output. that means prices continue higher. and in the air, a fifth day