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From Gas Shortages to Fistfights: The 1973 Oil Embargo and Its Gas GuzzlersIn 1973, the world experienced a major turning point in automotive history. The Organization of Petroleum Exporting Countries (OPEC) decided to tighten the flow of oil to the United States, triggering ...
The last time there was a crisis this serious in the Middle East, during the Arab-Israel war of 1973, the rest of the world ...
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YouTube on MSNWhy this invention can send wind turbines to the pastWho would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...
If oil prices rise and stay elevated, consumers will seek better options. Could it accelerate the shift to electric vehicles?
It always seems inappropriate for writers to be focusing on the economic and financial impact of conflicts such as the ...
Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...
In 1973, the Arab-Israeli war saw the Arab-dominated Organisation of Petroleum Exporting Countries putting in place sharp ...
Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the ...
In a world of geopolitical tensions, can-kicking monetary fantasies, falling bombs, rising debt, discredited leadership, impotent summits, weaponized trade and a comically discredited media narrative, ...
The last energy crisis happened for a few reasons. Everyday folks could afford new energy-hungry conveniences like air conditioners. Technology was booming. And energy prices were skyrocketing because ...
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