The Mirror: Oil and diesel crisis from Iran and Ukraine wars could last years, energy expert warns
Eric Smith, professor of practice and associate director of the Tulane Energy Institute, was interviewed by The Mirror for a story about the cause of soaring diesel fuel prices and the timeline for their return to normal.
“Ultimately, you can fix these things and get the capacity back online, but in the case of serious damage to a pumping station, it's more a matter of months, if not years, before you get the full capacity you had before the war started,” said Smith.“I think you're looking at two to three years, probably through the end of the Trump administration or, you know, if there were a major conflagration in the Middle East, that might get solved sooner.”
To read the story in its entirety, visit themirror.com:
https://www.themirror.com/news/world-news/oil-diesel-crisis-iran-ukraine-2029916
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