Sentences with phrase «1970s oil shocks»

Power generation survived but got squeezed by nat gas and nuclear (as did oil fired power generation and industrial use of oil on the back of the 1970s oil 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.
Slowdowns sometimes persist for long periods, such as the retrenchment caused by the oil shocks of the 1970s, which hampered the global economy into the early Eighties.
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.
I was around and paying attention during the 1970's with the oil shocks, 3 day week, IMF bailouts, stagflation.
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.
The 1970s were a tumultuous time in the U.S, defined by such events as the Vietnam War; the Watergate scandal; the Arab oil boycott; serious economic problems; and shocking revelations about illegal activities by our intelligence agencies.
For example, the double - digit inflation of the 1970's was caused by banks keeping interest rates low in an attempt to stimulate a weak economy, at a time when imported inflation from the oil shock was high (leading to stagflation).
«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).
The bulge in the 1970s reflects the burst of interest in new energy technologies triggered by the oil shocks in that decade.
This economic fact is much different than the First and Second Arab Oil Shocks of the 1970s.
The term Energiewende was coined three decades ago, in response to the oil shocks of the 1970s, by Öko - Institut, an ecological think tank that defined the transition as «growth and prosperity without oil or uranium.»
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.
Regulations to reduce fuel consumption and to increase vehicle mileage were born during the oil shock of the 1970s.
Renewable Energy World For at least the last 40 years, since the oil shocks in the 1970s, dealing with fossil fuel subsidies has been on the international agenda.
Renewable Energy World Ever since the oil shocks of the 1970s, there has been speculation about what it would take to completely wean ourselves from fossil fuels.
A sharp decline from the rate achieved in the years immediately following the oil price shocks of the early 1970s.
The oil shocks of the 1970s inspired him, he says, to pursue technologies to make a big car capable of 100mpg.
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.
Thousands of miles away on sunny Barbados, islanders saw their water heating bills rise after the two oil shocks of the 1970s.
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.
What inspired the «green activism» of the 1970s was not as much pretty pictures of «Gaia» as much as it was the oil shock, and the other economic and Cold War crises that developed as the postwar economic boom turned to bust.
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.
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