Energy crisis
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Search complete. 34 mentions across 16 episodes found for "Energy crisis".
Sep 14, 2026
Jeffrey GriderHOST
But let's go back and take a look at some of these headlines.
Jeffrey GriderHOST
Oil soars as shutdown of Saudi pipeline deepens energy crisis.
Jeffrey GriderHOST
An oil crisis in the Middle East is an oil crisis in America.
Jeffrey GriderHOST
Say it with me one more time.
Jeffrey GriderHOST
An oil crisis in the Middle East is an oil crisis in America.
Jeffrey GriderHOST
Now, you may say to me, but I thought that Donald Trump said that the United States of America is the world's number one exporter of oil, and that is a true statement.
Jeffrey GriderHOST
Isn't that great? The United States of America is the world's number one exporter of crude oil.
speaker_0HOST
So I guess there's no real use in kind of griping about it so much because, well, there's not a whole lot we can do about it, but...
speaker_0HOST
Potential legal issues aside, the immediate impact that will be mostly felt here in the homeland will be in the economic realm, and the energy crisis is getting worse by the day.
speaker_0HOST
And on that front, with the energy impact to the homeland here, it is challenging to describe this problem without seeming almost alarmist or unreasonable, but at this point it would be wise to forecast not just high energy prices, but sheer availability issues.
speaker_0HOST
Many people who don't follow the energy markets might theorize that, okay, the war doesn't really matter, all it does is just makes things more expensive, and, you know, gas prices will just simply climb higher and higher, rising steadily in conjunction with the crisis in the Middle East getting worse.
speaker_0HOST
All of it is just a guess.
speaker_0HOST
But it would be wise to be aware of that potential flashpoint as we get closer to it.
speaker_0HOST
Likewise, if it turns out that the Iranian and American attacks on oil tankers resulted in traffic through the Strait dwindling once again, this is going to mean that the loss of the Saudi pipeline is going to make this slog through the next few months of the energy crisis that much more impactful.
speaker_0HOST
So with all of this geopolitical stuff in mind, let's talk about what we can do right now and kind of wrap up with some general thoughts on how we can prepare for these strange times that are ahead over the next couple of weeks at least.
Steve JermyGUEST
The cost of living crisis isn't the cost of living crisis.
Steve JermyGUEST
It's cost of energy crisis, which is manifested in problems with the cost of living.
Andrew BaxterHOST
Quick question.
Andrew BaxterHOST
How many investing decisions have you made this year based on a gut feeling rather than a real strategy? We've been helping everyday Australians invest smarter for over two and a half decades, and that's the number one thing we see holding people back.
31 MINS LATER
Steve JermyGUEST
He's coming in and one of the things that he wants to confront is the cost of living crisis.
Steve JermyGUEST
Now, the cost of living crisis isn't the cost of living crisis.
Steve JermyGUEST
It's cost of energy crisis, which is manifested in problems with the cost of living because almost everything you do It requires energy.
Steve JermyGUEST
It happens in food.
Jim PowerHOST
I mean, you look at European natural gas up 180% year to date, Brent crude at the moment up 66% year to date.
Jim PowerHOST
We are in the midst of a serious energy crisis.
Jim PowerHOST
And of course, the problem is, well, you know, the explanation today for Brent crude, particularly, as you say, it's the Iranian conflict is escalating again, strong Chinese demand.
Jim PowerHOST
So the problem, of course, is that There is no indication whatsoever that there is a resolution in sight for the Iranian crisis.
Kyle KulinskiHOST
And satellite data found six simultaneous fire hotspots along the east-west pipeline now why is this so important it's important because the east-west pipeline is a critical bypass to allow some oil and gas to leave the middle east okay without passing through the strait of hormuz so this is what the trump regime was heavily relying on This is what they were heavily relying on to do their best, along with the market manipulation, to keep gas prices as low as possible, is still having some oil and gas get out of the Middle East, even though it was a drip, drip, drip, even though you can't nearly get the same amount through the East-West pipeline as you could through the Strait of Hormuz.
Kyle KulinskiHOST
It was really like a last-ditch effort that was somewhat working as a band-aid to prevent the worst oil crisis you can imagine.
Kyle KulinskiHOST
OK, now Yemen has effectively seemingly knocked out that east west pipeline, which is a fucking five alarm fire, y'all, for the global economy.
Kyle KulinskiHOST
It's a five alarm fire.
43 MINS LATER
Kyle KulinskiHOST
Shame on our leaders for not actually fucking addressing this thing.
Kyle KulinskiHOST
China has really built out green and renewable technology to the point where they were able to just, like, stop using oil like that or massively reduce the amount of oil they use like that because of all their green and renewable technology that they built out.
Kyle KulinskiHOST
We're not even doing that even when there's an oil crisis.
Kyle KulinskiHOST
Trump is not doing that.
S2A1HOST
Analysts comment, While the Saudis have not explicitly confirmed this, it is almost certain that this pipeline network is offline and will be so for some time.
S2A1HOST
These two pipelines were the main avenue of bypassing the Strait of Hormuz, so if the Houthis took them offline, this will have an immediate and devastating impact to the global energy crisis.
S2A1HOST
In Yemen, throughout the evening, the Houthis continued their advance, seizing more islands in the southern Red Sea and Bab al-Mandeb Strait.
S2A1HOST
Parim Island, also known as Mayoun Island, fell to Houthi control overnight, further cementing Houthi control of the entire coastline along the Red Sea.
S2A1HOST
At the more extreme ends of the spectrum, several gas stations in California reported maxing out their displays for diesel.
S2A1HOST
The price was stuck at $9.99 simply due to the digital display on the gas pump not having the space for an extra digit, which would have brought the price into double-digit territory.
S2A1HOST
As the scale of the attacks on the Saudi pipeline become known over the next few days, the impact to the global energy crisis will become more clear, but as it stands, the events in the Middle East are continuing to develop by the hour, with new records being reached every day.
S2A1HOST
This concludes The Wire for 1500 Zulu, September 11th, 2026.
Jody HamiltonPANELIST
Because people are weaning off of this shit and we should have been off of it because Carter started it and Reagan fucked it.
Bob CescaHOST
If there is one upside to this energy crisis, and there is going to be a severe energy crisis, make no mistake, that is the headline for Babamandab and the straightforward moves and everything that's happening because of Donald Trump's endless war.
Bob CescaHOST
Because of that, it's possible that everyone really starts to ramp up embracing alternative energy sources, clean energy.
Bob CescaHOST
I mean, I hope that is the side effect.
David FergusonPANELIST
It's all reactive.
David FergusonPANELIST
Yeah.
David FergusonPANELIST
You know, and it's like, and there were people warning, You know, as far back as the 60s about climate change and, you know, the energy crisis that happened in 1976.
David FergusonPANELIST
And they just are like, you know, when you wish upon a star.
speaker_0HOST
Right.
speaker_0HOST
So for today's deep dive, we are unpacking the 18th century energy crisis and the invention of Coke.
speaker_0HOST
And no, for everyone listening, not the soda.
speaker_1HOST
Not the soda, no. We're talking about the processed coal that basically stopped Britain from, well, from burning down its own island.
S2A1HOST
this is the wire for 2300 zulu september 4th 2026. precedence is routine information cutoff is 2200. bottom line up front energy crisis continues to worsen as gas prices reach all-time highs another sabotage attack reported in germany russia and ukraine continue to escalate targeting efforts iranian targeting continues in the middle east beginning with international events in the middle east this afternoon iran conducted more strikes around the region allegedly targeting american bases in jordan The United States has disputed these specific launches, however locals have provided videos of the missiles in the air.
S2A1HOST
Battle damage reports are expected by morning when new satellite imagery products become available.
S2A1HOST
In Yemen, clashes between the Houthis and Saudi-backed Yemeni forces escalated as both sides conducted strikes on each other overnight.
S2A1HOST
In the city of Adler to the south, a Ukrainian drone successfully struck a Russian SAM system near the local airport.
S2A1HOST
Analyst comments for this wire.
S2A1HOST
On the energy crisis front, the situation continues to deteriorate further.
S2A1HOST
This morning, the national average for diesel climbed to the all-time high of $5.85 per gallon.
S2A1HOST
During the month of August, the national average for gasoline reached a high point never before seen in history, with the national average remaining over $4 per gallon every single day of the month.
Neville JamesHOST
So we're going to take a break right now and get back to that.
Neville JamesHOST
Because the energy crisis, it's not an excuse.
Neville JamesHOST
It's not isolated to the Virgin Islands.
Neville JamesHOST
Just want to let the public know that.
16 MINS LATER
Kyle FlemingGUEST
No. I'm just
Neville JamesHOST
looking at just a whole heap of different stories.
Neville JamesHOST
They got the BVI been dealing with that energy crisis or whatever a long, long time just like we have, right? I'm looking at all these stories, 2022, 2009, 2018, 2020.
Neville JamesHOST
I mean, this year in particular, it looked like it reached a peak level.
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