Sentences with phrase «oil embargo of»

Not since the oil embargo of 1974 have Americans been so keenly reminded of their dependence on fossil fuels.

Coal is usually a very cheap source of energy as demonstrated by the chart found at (29) with a high average cost of $ 50.92 per short ton (2000 pounds) for a brief period in 1975 (remember the Arab oil embargo of 1973 - 74) to a cost of $ 18.34 per short ton as of 2004.

Key post-World-War-II oil shocks reviewed include the Suez Crisis of 1956 - 57, the OPEC oil embargo of 1973 - 1974, the Iranian revolution of 1978 - 1979, the Iran - Iraq War initiated in 1980, the first Persian Gulf War in 1990 - 91, and the oil price spike of 2007 - 2008.

Futuregen is based on same old Hitler era bankrupt thermal coal gasification, which have neither been economical or nor worked with now almost $ 30 + billion funding by DOE since first oil embargo of 1973.

After the Arab oil embargo of 1973 and the 1979 fuel crises, a majority of American FR vehicles (station wagons, luxury sedans) were phased out for the FF layout — this trend would spawn the SUV / van conversion market.

Congress is considering lifting a ban on oil exports in place since the OPEC oil embargo of the 1970s.

In the oil embargo of 1973 concrete plans were considered for the invasion of OPEC countries to secure the oil the U.S. was thought to need.

In an e-mail, longtime clean - air campaigner Frank O'Donnell mused that the law has had a far greater impact on American society, noting: «It is not as if the oil embargoes of the 1970s got us to kick our oil addiction.»

Modern PV technology dates back to the 1950s and the advent of the space program in the 1960s, but the concerted effort to develop this technology for industry and consumer use began during the oil embargoes of the 1970s.

Not exact matches

The recession of 1973 - 1975 in the U.S. came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..

Negative supply shocks to the economy, such as a foreign oil embargo, will reduce the production or supply of real goods and services.

The now - repealed U.S. oil export ban dated back to an era of feared fuel shortages after Arab members of OPEC imposed an embargo against the United States in retaliation for U.S. support of the Israeli military.

The Yom Kippur War between Israel and Egypt / Syria in the fall of 1973 hastened the 1970s oil crisis when OPEC declared an embargo that raised the posted price of oil from $ 3.00 a barrel to approximately $ 12 by spring of 1974.

The red flags of an imminent U.S. embargo on Venezuelan crude are already apparent, according to an oil analyst, with ramifications of such a move likely to exacerbate an unprecedented economic meltdown.

Adding to the turmoil, the OPEC oil embargo in 1973 sent crude prices higher, further hurting U.S. consumers who also battled with the devaluation of the U.S. dollar.

Nothing will concentrate the minds of North Korean leaders more than a Chinese oil embargo, argues William Rhodes, a former Citigroup executive and co-chair of the G30's steering committee on bank culture and governance.

Taking the dollar off of the gold standard along with the Arab Oil Embargo sent it plunging and the U.S. needed something to replace it.

The OPEC oil embargo quadrupled the price of oil in six months.

There are a number of major stock market events we can all call to mind — the Great Depression, the run on banks, Black Monday, the Oil Embargo, the dot - com bubble, the 2007 - 2008 financial crisis; and the list goes on.

The Organization of Petroleum Exporting Countries began an embargo that triggered an oil crisis resulting in long gas lines across the country — if gas was available at all.

1973 - An oil embargo by the Organization of Petroleum Exporting Countries led Congress to enact a test period of year - round daylight - saving time in 1974 and 1975.

At the Washington Energy Conference of 1974, convened in the wake of the first Arab oil embargo, Secretary of State Henry Kissinger prevailed on Saudi Arabia to buy U.S. arms and Treasury bonds, and to invest its «petrodollar» profits back in Western banks.

When the oil embargo was lifted, the Arabs justified the rise in prices of crude oil by pointing out that inflation increased the cost of goods they had to buy from the industrial nations.

We have seen what the Arab countries can do with the threat of oil embargoes.

One view argues that a shortage of gas and oil, whether resulting from an embargo or from a longer - term depletion, «would produce severe economic and social dislocations.»

Best long term strategy for US would be playing Iran of against Saudi Arabia as well as having another big oil exporter around so that the chances of another unified oil embargo are much lower.

France, which has pushed for oil sanctions, appears to have overcome resistance among some EU member states who had expressed concerns over economic costs of an oil embargo.

After I sent an embargoed version of the S.M.U. paper to Craig Pearson, a seismologist who works for the Railroad Commission of Texas (RRC)-- the state agency that regulates oil and gas — he responded with a statement saying the research raised «many questions with regard to its methodology, the information used and conclusions it reaches.»

The 1973 oil embargo triggered a mad rush of electric - vehicle research.

As he settles into his new life, the country is experiencing its own turmoil: an oil embargo has led to martial law and civil war, with the government being led by a man with Fascist ambitions who uses the energy crisis, violent street demonstrations, and a mass shooting to give himself new dictatorial powers and establish a force of Special Police.

Reston, Va — Outsiders are still coming here to see one of the nation's first solar - powered elementary schools, built in the energy - conscious era following the 1973 Arab oil embargo.

Early1970s: Spurred by the Arab oil embargo, GM again works on a battery / electric Corvair but determines it isn't feasible, largely due to the limits of onboard electronics.

Pressures of economic forces and oil embargos led to an engine regression the following year.

Horsepower of 165 to 170 might not sound like much to anyone who hung out at the drive - in in the»60s, and the 22 mile - per - gallon EPA city fuel efficiency available from this small engine won't impress vets of the oil embargo.

These 1974 models timed to coincide precisely with the 1973 OPEC oil embargo, and were a significant part of Chrysler's economic woes in the late 1970s.

The Arab oil embargo and an inflation rate topping 10 percent contributed to the rise of a new bear market.

Tags: 1966 - 1982 Secular Bear Market, Anti-War Protesters, Bearish, Blue Chip, Bubble, Bullish, Carter Administration, CD, Certificate of Deposit, Cyclical Phases, Democratic Headquarters, Dow Jones Industrial Average, Gaza, Iran Hostage Crisis, Israel, Kent State, Martin Luther King, Moon Landing, Nifty - Fifty, Oil Embargo, OPEC, Richard Nixon, Robert F Kennedy, Ronald Reagan, Secular Bear Market, Six Day War, Stagflation, Three Mile Island, Vietnam War, Watergate, West Bank

Trying to understand this debate (which I noted a few days back never stopped from the time of the first oil embargo) is not a question of who has better numbers or what is the temperature of the earth, but something much more fundamental about the US.

The U.S. has banned most exports of crude since the 1973 oil embargo.

As much as the various embargoes, supply crunches and other problems have kcost us as a nation., no one wants to pay any of his / her own money NOT to import oil, as evidenced by the beating back of all attempts tax energy or oil in favor of subsidies right and left.

In the aftermath of the Arab - OPEC oil embargo in 1973 - 74, there was a lot of interest in energy in this country.

In 1973, they set their clocks one hour ahead of the rest of the East Coast, moving to year - round daylight savings time, to try to save energy during the Arab oil embargo.

The United States has had a variety of programs to encourage improved energy efficiency in residential and commercial buildings for about 40 years, going all the way back to the 1973 oil embargo.

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.

The US supplied arms to the Israelis and Arab nations responded with the OAPEC coordinated oil embargo against the West (Merrill 2007), resulting in long queues for petrol, fuel rationing and the exhaustion of national reserves.

The embargo highlighted national dependencies of imported fuels, the importance of oil reserves, economic exposure and made the consumer suddenly realise the cost of heating in their uninsulated buildings.

In the early 1970s, in the wake of the Arab oil embargo, Gremban headed research and development of the Sebring - Vanguard Citicar, an early neighborhood electric vehicle.

«It's those kinds of restrictions that in the end affect American credibility, and in the moment when we have to put through an important policy, makes it much more difficult to negotiate,» Pascual said at a Senate Energy and Natural Resources Committee hearing Thursday called to build support for ending the ban in place since the 1970s Arab oil embargo.

At the time of the Arab oil export embargo in the 1970s, the importing countries were beginning to ask themselves if there were alternatives to oil.

By the time Mitchell and Devon Energy combined to «crack the Barnett» in 2002, work on unconventional gas extraction had been underway for decades, tracing back to the oil embargo and even before that to the nuclear tests of the 1960s.