Europe can learn lessons from 1970s oil shock as rationing looms

FRANKFURT, Germany – With Russia threatening to cut off the supply of vital gas and oil, European governments are dusting off rationing plans that bring back memories of the 1973 energy crisis. Are Europeans heading for car-free Sundays, dimmer lights, and what felt like government-mandated bedtime as TV broadcasts ended early – last seen at … Read more

Germany braces for gas rationing in rouble standoff with Russia

With a potential crunch looming, Germany’s Economy Minister Robert Habeck activates the ‘early warning phase’ of an existing gas emergency plan BERLIN, Germany – Germany triggered an emergency plan to manage gas supplies in Europe’s largest economy on Wednesday, March 30, an abrupt move that could see the government ration power if there is a … Read more