Sentences with phrase «oil crisis back»

«There was some interest in converting syngas into ethanol during the first oil crisis back in the 70s,» said Ames Lab chemist and Chemical and Biological Science Program Director Victor Lin.

Not exact matches

Thanks to its humane response to the crisis, Suncor will be very hard to cram back into the caricature of a Big Oil bogeyman.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull the country out of a deepening economic crisis.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull it out of an economic crisis.

Oil is currently trading at about US$ 45 / bbl, which in current dollars puts it below where it was at the end of 2008, back when global markets were still in the thick of the financial crisis.

i don't know how old you are — but i remember the long gas lines back in 1973 during the oil crisis.

The late 70s had seen two oil crises, The overthrow of the US backed Iranian government and the hostage crisis, the Russians taking Afganistan and the on - going cold war and perhaps the biggest concern, the stagflation crisis.

In 1974, under the impact of the oil crisis and deficits, his theories once more took the back seat in the US and UK, as their economies entered a period of stagflation.

The social unrest of the late 1960s, leading up to the oil crisis of 1973, were central to the development of the «back to nature» philosophy of the modern environmental movement.

Consequently, much of our technology dates back to the 1970s, when the oil crisis spurred an interest in geothermal energy.

First introduced at the back end of the oil crisis in 1974, Zuffenhausen's iconic coupe began life with a 260 - hp turbocharged 3.0 - liter version of Porsche's classic, horizontally opposed six - cylinder engine and rear - wheel drive.

Energy sector is reacting like it did back in 2008, but at that time we had financial crises along with oil price collapsed that forced more liquidations.

Alongside Russia - US tensions and crisis - driven spikes in the oil price, suddenly inflation is back making headlines.

You can see the space race (yellow) and our passion for medical research (blue), but the green band representing nearly all energy research has the look of a python that swallowed a softball back during the oil crisis.

We have already seen the beginnings of this financial shaking in the 2008/9 economic crisis that was directly caused by the «plateauing» of crude oil production in 2005 after rising by 1 million barrels / day for twenty years in a row (from Non-OPEC peaking and OPEC cutting back production).

Yes the switch away from oil and increased production after the first OPEC oil crisis did drive prices back down to < $ 10 / bbl.

Founded back in the 1970s in response to the oil crisis, its website says it currently «works to ensure reliable, affordable and clean energy for its 28 member countries.»

The price collapse, combined with the credit crisis, choked off investment in new supplies and the Paris - based IEA has repeatedly warned the oil market could surge back, damaging still fragile economic growth.

Although the 1970s «back - to - the - land» movement (which coincided with historic energy crises) largely fizzled, perhaps due to cheap oil flowing from the North Sea and Alaska during the 1980s and 1990s, we may be on the cusp of similar, more widespread, and possibly more desperate trends today.

Venezuela launched its oil - backed cryptocurrency in February 2018 to help pull the country out of a continuing economic crisis.

Estonia, Denmark, and Sweden all permit trading, and Venezuela's president hopes to launch an oil - backed state cryptocurrency as a way to climb out of the country's economic crisis.

From United Airlines to Equifax to Target to Sony, even going back to the BP oil spill, in each case, the first days or weeks of the crisis were characterized by fumbled responses, statements that corrected prior statements, and falling back on legalisms and obfuscation.

Venezuelan president Nicolás Maduro has proposed the launch of a oil - backed cryptocurrency to solve the country's economic crisis.

A government - backed, oil - pegged, cryptocurrency that would aid the ailing Venezuelan nation in their time of crisis with a hyper - inflated currency.