One problem after another

Boris cartoon

There's no bigger environmentalist than me but cutting off investment in fossil fuels why the world is using as much oil and gas as ever is only going to lead to more of what we're seeing in Europe at the moment.

ITV cites BP who says it's having difficulty transporting fuel, but there's no shortage. That's certainly true, there's plenty of oil in Europe. Update: BP says its due to the truck driver shortage.

Natural gas on the other hand:

natural gas TTF

Meanwhile, Draghi is saying that Italian electricity prices could rise 40% in the next quarter and gas prices by 30% without government intervention.