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Gas

How rising crude oil prices could impact the U.S. and global economy

Source: Marketplace.org

CEII brief

Marketplace.org reported on 22 Oct 2026: How rising crude oil prices could impact the U.S. and global economy.

As gas prices remain high, overall inflation will rise as that cost trickles down to other parts of the economy.

— Marketplace.org
Read the full story on Marketplace.org

Context from CEII

Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.

21.9% of electricity in the world came from gas in 2024

Original reporting © Marketplace.org. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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