China is enduring an energy crisis which could still be in its infancy while in Sydney fuel prices surge towards $2 a litre, ouch! However when we consider the energy complex in general over the last decade things aren’t too bad and we’re still hovering below the mid-point of this period i.e. panic buying could clearly take prices much higher.
NB The energy complex includes commodities such as crude & heating oil, gasoline and natural gas.