The Rising Price of Fossil Fuels

In recent months, the global price of oil and gas has been on the rise. As countries looked to leap out of the economic lull caused by the Covid-19 pandemic at the end of 2021, the demand for fossil fuels returned, driving up the price of oil and gas as countries all over the world searched for a regular supply.

Adding to that, the war in Ukraine instigated by one of the world’s biggest suppliers of gas and oil has led to boycotts of fossil fuels produced in Russia. However, countries are realising just how reliant they have been on fossil fuels from Russia and are now…