The 1973 - 1974
oil crisis made a lot of people start to pay attention to fuel economy for the first time.
• «Driving to the End of the World» (2004), five works created as a commentary on the global
oil crisis made from an old truck that Dial found deserted in the woods, comprise the only series of work Dial ever completed.
Not exact matches
Frankel noted the basic features of the
oil industry
made for continuous
crises with hectic prosperity followed all too swiftly by complete collapse.
The rouble has weakened some 30 percent versus the dollar this year, as Western sanctions over the Ukraine
crisis have
made it harder for banks and companies to refinance foreign currency debts and as tumbling
oil prices have hurt government revenue.
Argentina has not attracted much
oil investment since a 2001 - 02 economic
crisis ushered in a populist - left government whose policies cut profit potential and
made it harder to plan business.
Take this example, illustrated by First Trust Advisors: Between January 2009 and September 2015, stocks stumbled numerous times for various reasons, including natural disasters like the Haiti earthquake and Hurricane Sandy, and man -
made crises like government shutdowns and collapsing
oil prices.
Crude
oil is presently testing financial
crisis support levels,
making many investors wonder whether the bottom for black gold has been reached — or if more pain is to be expected.
Also, seeing as
oil is a concern with the recent Gulf
crisis — did you know it takes 2/3 cup of
oil to
make a single disposable diaper?
The prime minister had claimed: «As the independent Office for Budget Responsibility has
made clear, growth has been depressed by the financial
crisis, by the problems in the eurozone and by a 60 % rise in
oil prices between August 2010 and April 2011.
But the
oil crisis of the 1970s pushed researchers to search for alternatives
made not of petroleum, but from plants.
«In just the last decade, we've had a technology bubble, an
oil bubble and a housing bubble, not to mention the Enron fiasco and California's electricity
crisis, each of which was least partially caused by speculators and manipulators trying to
make a buck at the expense of consumers,» English said.
Academic scientists quoted in stories late last week by NPR and The New York Times suggested that the amount of
oil spewing out from the broken pipe on the gulf floor may be much more than 5000 barrels (794,936 gallons) per day — the official estimate of both BP and the government for the first 3 weeks of the
crisis, before BP
made any progress in stanching the flow.
The effects of the 1973
oil crisis still lingered and automakers struggled to catch up with new emissions and fuel economy mandates,
making for hasty packaging and under - powered engines.
The 1973
oil crisis combined with the collapse of the Citroën / Maserati relationship,
made Maserati unable to gain EEC approval for the car.
Alongside Russia - US tensions and
crisis - driven spikes in the
oil price, suddenly inflation is back
making headlines.
Imagine if, in 2008 and 2009, you saw Royal Dutch Shell price's decline into the $ 30s as the price of
oil got cheap and the backdrop of an economic
crisis made the stock cheaper than long - term projection of
oil fundamentals warrant.
For instance, how is changing all our
oil dependency to ethanol
made from corn going to solve our
crisis.
But having
made my point, I probably shouldn't hijack this interesting post about methane hydrates any further — I guess we should try to work out how to extract and burn them to avert the peak
oil crisis risk of release: --RRB-