Sentences with phrase «1970s oil price shocks»

Not exact matches

OPEC hopes to stimulate demand through low oil prices back to the peak levels that existed before the price shocks of the 1970s and 1980s.

Only in the event of a large supply shock (such as the oil price shocks of the 1970s) might any difference in response across the different frameworks become apparent.

Those of you who can recall our experience with the oil price shock of the 1970s will remember the subsequent effort required to bring inflation under control.

Two oil - price shocks in the 1970s sent the developed world reeling, but during the 1980s complacency reasserted itself.

Previous jolts to the economy, like the Gulf War and the oil price shocks of the 1970s, were surprises.

«Black Gold: The End of Bretton Woods and the Oil Price Shocks of the 1970s.»

The oil shocks of the 1970s were followed by low prices, and away went almost all the research and efficiency initiatives that might have reduced American dependence on imported oil (and CO2 emissions).

This was the case in Japan when faced with the oil shocks in the 1970s and early 1980s when oil prices doubled overnight.

It was the oil shocks of the 1970s, and the resulting gasoline price hikes and kilometre - long lineups at service stations that gave Japanese makers of «econoboxes» their first toehold in the North American market.

1975: Energy Policy and Conservation Act, Corporate Average Fuel Economy (NHTSA) Intended to reduce energy consumption by increasing the fuel economy of cars and light trucks in response to the oil embargo and resulting price shocks in the early 1970s.

A sharp decline from the rate achieved in the years immediately following the oil price shocks of the early 1970s.

Government energy RD&D budgets in IEA member countries increased sharply after the oil price shocks of the 1970s.

CAFE was created back in the 1970s in response to the oil price shocks of that decade and a Malthusian fear about the world running out of oil.

Data on the energy intensity of GDP show big variations across time and space, e.g. the sharp decline in US intensity after the oil shocks of the 1970s, which then flattened out as prices came down, and the much lower energy intensity of European nations with high gasoline taxes.

Time to buy a bike: Gasoline prices in North America will soar over the next four years to $ 7.00, causing a massive jolt to the continent's manufacturing base not seen since the oil shocks of the 1970s, a leading economist is warning.

Although the U.S. economy is more stable and stronger than it was in the 1970s, when it was devastated by oil price shocks in 1973 and again in 1978 — 79, it could slip into recession in the same way it did coming off the Gulf War oil price shocks in 1990.