BREAKING: Germany Reverses Course On Coal Amid Gas Shortage
Gas price hikes in the United States have hit unprecedented levels, with the average price of a gallon of gas surging above $5 a gallon this month.
The price hike has been felt across the Atlantic as European countries reel from Russia’s invasion of Ukraine. The political fallout has resulted in Russia reducing its gas exports to European countries who now face a shortage.
The shortage has forced Germany’s hand, as the Economy Minister announced on Monday morning that the country will temporarily shift back to burning coal for a ‘transitional period.’