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Gas prices skyrocket as the global energy crisis worsens –CNN https://edition.cnn.com/2021/10/11/business/gas-prices-oil-opec/index.html   By Matt Egan, CNN Business New York (CNN Business) The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic. Energy demand is back today as the world economy reopens — but supply simply hasn’t kept up. That’s why US oil prices have skyrocketed $120 since crashing to negative $40 a barrel in April 2020. US oil prices finished above $80 a barrel on Monday for the first time in nearly seven years. Crude gained 1.5% to end the day at $80.52. The last time oil closed above $80 was October 31, 2014. Gas prices are at 7-year highs, and Biden can’t do much about it All of this is leading to sticker shock for many Americans filling up at the pump — at a time of the year when ...