Skip to main content
← Docket
World

Briefing: Is It Time for Energy Rationing to Return?

Strategic angle: Crude oil prices are on the rise, prompting discussions about the potential need for energy rationing.

Editorial Staff1 min read

Recent fluctuations in crude oil prices have drawn attention to the potential need for energy rationing as a demand management strategy.

Currently, crude oil is priced at $75 per barrel, and forecasts suggest a 10% increase over the next month, raising concerns about energy affordability and availability.

Historically, energy rationing was a response to crises, notably during the 1970s oil crisis, and its reimplementation could have significant implications for energy infrastructure and consumption patterns.