Energy Rationing Could Last For Years, Warns Shell CEO

The CEO of oil and gas giant Shell has warned that gas shortages across Europe may last for several winters and that energy rationing may be required.
CEO Ben van Beurden made the comments at a press conference in Norway on Monday where he said he does not believe the current energy crisis will be “limited to just one winter,” The Times of London reported.
“It may well be that we have a number of winters where we have to somehow find solutions through efficiency savings, through rationing, and as a very, very quick build out of alternatives,” he continued. “That this is going to be somehow easy or over, I think is a fantasy we should put aside—we should confront the reality.”…
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