March 26, 2026

Physical Oil Shortages within 2-3 Weeks, Says Energy Expert

Mar 25, 2026 | “I think within the next two to three weeks you will see physical shortages”

Drilling North Sea oil “won’t change the whole crisis situation” but it will help to maximise our supply and reduce the likelihood of oil shortages, says Nick Butler, former vice president for strategy and policy at BP and Gordon Brown advisor.