Russia's Days as Energy Superpower Are Over, Yergin Says

The video discusses the current energy crisis, focusing on coal, oil, and natural gas markets. It highlights Europe's challenges in replacing Russian energy supplies, the impact of self-sanctioning, and the economic implications of energy shortages. The discussion also covers the political response to high oil profits and potential taxation, as well as future oil price projections. The crisis is compared to past energy crises, with a focus on the need for collaboration between government and industry.

In what ways has Russia's position as an energy supplier changed due to the current geopolitical situation?

How do high gasoline prices relate to the actions of oil executives and the political response in the U.S.?

Compare the current energy crisis with the energy crises of the 1970s. What makes this situation potentially worse?