Global Energy Crunch

 Global Energy Crunch

Jan. 14, 2021, file photo, tugboats get into position on the Russian pipe-laying vessel “Fortuna” in the port of Wismar, Germany. The world’s facing an energy crunch. Europe is feeling it worst as natural gas prices skyrocket to five times normal, forcing some factories to hold back production. Reserves depleted last winter haven’t been made up, and chief supplier Russia has held back on supplying extra. Meanwhile, the new Nord Stream 2 gas pipeline won’t start operating in time to help if the weather is cold, and there’s talk Europe could wind up rationing electricity. China is feeling it too, seeing power outages in some towns. (Jens Buettner/DPA via AP, File)  

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