User:BRH266/Fuel crisis

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Price of gas have been through the ruff. Not only are prices high but supplies for gas is low. There are manny causes for this. One being the war in Ukraine.

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

Now you may be thinking ok they don't have gas how bad can it be. Bad it can be very bad. "Ukraine in a given year is either the third or fourth biggest source of agricultural imports." 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." 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 lets 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. 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" Now what going to be one of the bigest problems in the next few months is that the majority of the United State uses fuel to heat there house.