We Got $9.99 Problems, and Energy is One
Climate One
- Published
- October 9, 2026
- Duration
- 1h 0m
- Summary source
- description
- Last updated
- Oct 21, 2026
Discusses The war in Iran and closure of the Strait of Hormuz created a global energy supply crisis. And while…
Summary
The war in Iran and closure of the Strait of Hormuz created a global energy supply crisis. And while gasoline prices didn’t reach the extreme highs some predicted a few months ago, the global markets are still in flux. “What has been disrupted most is the confidence in the old energy system where you could reliably and affordably dig up a source of energy…
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Show notes
The war in Iran and closure of the Strait of Hormuz created a global energy supply crisis. And while gasoline prices didn’t reach the extreme highs some predicted a few months ago, the global markets are still in flux. “What has been disrupted most is the confidence in the old energy system where you could reliably and affordably dig up a source of energy thousands of kilometers away from where you expected to ignite it and expect that process to be smooth,” says Gerald Butts, chairman of politi