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.