Oil Price Today Plunges: US Grid Stress and Energy Future
The Plunge and the Power Grid: A Perfect Storm? Petrol prices in South Africa have plummeted, dropping by 12% to 14% in a single week, highlighting the fragility of the US power grid and the interconnectedness of global energy systems. This dramatic price swing, coinciding with extreme heatwaves and resulting power shortages in the US, exposes vulnerabilities in our energy infrastructure and the urgent need for a more sustainable future....