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Germany is nationalizing its largest gas utility, Uniper

Sep 21, 2022
The country's three largest importers of Russian natural gas have received government bailouts, and similar actions may follow in Europe.
Russia's termination of gas exports has hurt Uniper along with other European energy companies.
Lukas Schulze/Getty Images

Europe might just be getting a handle on its Russian natural gas problem

Sep 8, 2022
European nations have managed to store gas, and the price has come down from historic highs.
European countries are using a range of strategies to decrease their reliance on Russian natural gas. In the Netherlands, above, a regasification unit converts liquefied natural gas so it can be fed into the country's natural gas network.
Siese Veenstra/ANP/AFP via Getty Images

How an oil shortage in the 1970s shaped today's economic policy

May 31, 2016
Meg Jacobs details the effects of U.S. dependency on foreign oil in her new book.
An attendant at a Texaco petrol station on 1st Avenue and 37th Street, New York, during a fuel shortage in June 1979.

 
Brian Alpert/Keystone/Hulton Archive/Getty Images

U.S. edging toward energy independence

Feb 7, 2012
Thanks to new domestic sources and tough mileage standards, America is producing 81 percent of its own energy, according to a new report.