Oil crisis triggered by blockade of strait of Hormuz prompts emergency measures to protect supply and halt rising prices
Shrinking fuel stocks and soaring prices are leading countries around the world to burn coal, ration fuel, shorten work weeks and tell citizens to stay at home.
Fossil fuel supplies have reduced since the war against Iran led to the closure of the strait of Hormuz, a crucial shipping route for oil and seaborne gas. The shortfall has prompted emergency measures as government’s attempt to halt rising costs that have thrown economies into chaos.
The International Energy Agency (IEA), whose members sought to calm markets by releasing 400m barrels of oil from their strategic reserves last month, has called for actions such as flying less and driving slower.
How many global crises is it going to take to make the world just stop forcing in office work?
It’s clearly less energy efficient to drive all these people everywhere, and business seems to do just fine when it’s remote.
Why don’t we just restructure society around this and move on?
We’d all be so much more resilient without fossil fuels and work commuting.
It will take companies divesting themselves from their commercial real estate holdings. Shareholders don’t like it when those lease/mortgage payments go to empty and unoccupied office space.
These spaces should just be turned into housing, affordable, granted to young working people. Then they can work from home at the office and nobody has to lose any money. The way we work needs to change, it’s from the Stone Age at this point.
Mostly agree. They should be sold and converted to residential. I certainly wouldn’t live in a residence owned by my employer.
I like this is coming about. I don’t like how it is coming about. And I am afraid once (hopefully) this crisis is over they will reverse all of this.
there was a huge push to office after COVID. even for people who absolutely don’t need to be in office
