Over a Barrel? The New Energy Crisis
Could the lights really go out?
The media is currently speculating on whether or not there will be another energy crisis, which is a bottleneck in the supply of energy. A phrase often used as a shorthand for the complex effects of an energy crisis is “the lights going out”. While the most likely threats to energy supply are currently the excess and useless use of
fuel or economic factors (i.e. prices becoming so unsustainably high that energy suppliers shut down production to save costs), other causes on which the media like to speculate are pipeline failures, damage from severe weather, attacks by terrorists on production plants, cyber-terrorism shutting down infrastructure and an
escalation of conflict in the Middle East.