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upstart [soylentnews.org] writes:

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'We don’t have enough' lithium globally to meet EV targets, mining CEO says [yahoo.com]:

MarketWatchWhat the oil market can teach retirees about risk [yahoo.com]

Crude oil is cheaper today than on the day Russia invaded Ukraine in late February. Imagine what you would have predicted if, on the day of that invasion, I told you (a) that the war in six months’ time would be grinding on with no end in sight, (b) that Western sanctions would be severely restricting international access to oil from Russia, the third largest source of global production, (c) Western Europe would be facing the prospect of an unprecedented energy crisis during the winter of 2022-2023, and (d) that natural-gas prices would be nearly double. The only real question we would have had then is how much higher the price of oil would be as winter approached.

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