Sentences with phrase «oil crisis still»

The disastrous oil crisis still unfolding in the Gulf of Mexico is only the most recent reminder that America is overdue to start a major transition to a clean energy economy.

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.

Not exact matches

Still, many analysts say efforts after the oil shock to insulate the economy from future crises may have paid off.

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.

Gold, on the other hand, has not reacted to the extent that crude oil has to the ongoing crisis in the Middle East, although the precious metal, which is still considered a hedge against political instability, is up by more than 10 percent this year.

But the next sentence that «OPEC would have no option but to defend itself with all the resources at its command» would have sent alarm bells ringing in many capitals, where the oil crises of the 1970s still evoke grim memories.

But for a lot of energy - dependent industries, there is little way to reduce energy use, as most measures were taken a long time ago (after the first oil crisis), and alternatives (still) are too expensive...

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.

The good news for the millions of us who aren't cashing checks from the oil and gas industry is that millions of us chose the latter and are still spreading the word about the crisis, still pushing our cities and towns to go 100 percent renewable, and still working for solutions in countless ways in our own communities.

And we saw that for example with the BP British Petroleum oil crisis, where BP realized that after the oil spill everybody was talking about them on Twitter, everybody, and there was even a fake Twitter account parodying BP's response (@BPGlobalPR — still active with 182,033 followers).