Gas prices skyrocket as the global energy crisis worsens
CNN
The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic.
Energy demand is back today as the world economy reopens -- but supply simply hasn't kept up. That's why US oil prices have skyrocketed $120 since crashing to negative $40 a barrel in April 2020. Crude is on track to finish Monday above $80 a barrel for the first time in seven years.
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