Market Extra: Energy crisis? What experts are saying as world faces historic energy-price crunch

Prices of fossil fuels around the globe have been surging. Some commodity pros are referring to this current condition as an “energy crisis,” one that could have far-reaching implications for average Americans but also for energy policy as the U.S. — and the rest of the world — attempts to wean itself off crude oil and transition to renewable sources of power.

Prices of fossil fuels around the globe have been surging. Some commodity pros are referring to this current condition as an “energy crisis,” one that could have far-reaching implications for average Americans but also for energy policy as the U.S. — and the rest of the world — attempts to wean itself off crude oil and transition to renewable sources of power.