ANG chief Stewart: US is experiencing worst energy crisis in half a century

US Oil and Gas Association President Tim Stewart said the United States is facing its worst energy crisis in 50 years.

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“We are experiencing the greatest, possibly the worst, energy crisis in the last 50 years. Gasoline and diesel prices are all-time high and inventories are all-time low,” Stewart said.

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He noted that the current US government is not taking the necessary actions and is hindering those who want to resolve the energy crisis. According to him, the administration of the President of the States does not have any strategy on how to help the industry get out of this situation.

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Earlier, according to the non-profit American Automobile Association, it became known that the cost of gasoline at gas stations in the United States set a new all-time high for the fourth time in a week, reaching $4.452 per gallon (3.785 liters).