Tag: energy-crisis

Citing Energy Crises, More Countries Are Banning Cryptocurrency Activity and Mining
Prompted by local energy crises, among other things, numerous countries across the globe have implemented restrictions on, or outright bans on, cryptocurrency activity including trading and mining.  The most recent country to enact such restrictions...
China Oil Reserve Release
China Releases Strategic Oil Reserves Following US Invite
Oil prices have soared by over 50 percent in the U.S following the COVID-19 pandemic. Now the Chinese government has agreed to release strategic oil reserves following a virtual meeting between U.S President Joe Biden...
US Heating Costs Expected to Soar Alongside Rising Gas Prices
Biden-appointed Energy Secretary Jennifer Granholm confirmed on Oct. 7 that Americans should expect higher heating costs for the winter of 2021. In a time when the pandemic has hit the world’s economies hard, the rise...