Energy crises fuel fossil fuel profits and geopolitical adversaries at the expense of drivers. When oil prices exceeded $100 per barrel in 2022, European drivers paid €55 billion extra at the pump, while fossil fuel companies earned €104 billion in profits. Plus, continuing oil imports fund geopolitical adversaries. With US sanctions on Russian oil lifted, Europe will come under pressure to also lift its restrictions and send money to Putin, undermining our efforts in Ukraine and further threatening peace and democracy.
