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Poll: Is Europe Facing an Energy Crisis?

Oil rallied again on Friday following a retreat after it reached a new record high of $135 a barrel, on the back of a weaker dollar and worries about production in countries other than the OPEC members.

In the U.S. people are already cutting down on driving because of the high prices of petrol and airlines have warned the rising oil prices will hurt their profitability.

Tell us what you think the effects will be in Europe by voting in the poll and e-mailing your reasons to squawkboxeurope@cnbc.com.

Contact Europe: Economy

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