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What is Causing the Steep Increase in Oil Prices?
The world has been experiencing record high oil prices for a while now. Is this a temporary phenomenon, or an issue we have to adopt to in the long term? After all, the oil price was a quarter of the current price just a few years ago. Sadly, the geopolitical and technical factors pushing the price higher and higher every month seem unlikely to disappear in the short term.
Globalization and Emerging Technologies – TodayAmazingly, these hotspot countries generate 81-100 percent of the electricity via alternative sources. Shamefully,in the US, our efforts are still negligible.