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Some Considerations About The Actual Energy Crisis In The World

Author

Listed:
  • SANDA GHEORGHE GABRIEL

    (CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU)

Abstract

Energy markets began to tighten in 2021 because of a variety of factors, including the extraordinarily rapid economic rebound following the pandemic. But the situation escalated dramatically into a full-blown global energy crisis following Russia’s invasion of Ukraine in February 2022. The price of natural gas reached record highs, and as a result so did electricity in some markets. Oil prices hit their highest level since 2008.

Suggested Citation

  • Sanda Gheorghe Gabriel, 2023. "Some Considerations About The Actual Energy Crisis In The World," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 147-150, February.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:1:p:147-150
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