Per theBancroft Libraryat the University of California, Berkeley, the first of the 1970s gas panics began in October 1973, when the Organization of Petroleum Exporting Countries (OPEC) raised the price of crude oil by 70 percent. That move, together with an embargo on the U.S., was part ...
In 1970s, during petroleum crises and in face of the need of energy diversification, NG proved to be a viable alternative as automotive fuel. Besides the strategic aspect, the growing awareness about the environmental impacts caused by transportation has strengthened the use of NG as a cleaner ...
摘要: Comments on the rising price of gasoline in the United States. Possibility of conditions similar to the 1970s and early 1980s when gasoline prices tripled; Average cost of gasoline by summer 2000; Reasons behind the rise in prices....
No one likes to see prices rise, but it's not like this is the first time. When the U.S. had two gasoline crises in the 1970s, the problem wasn't so much big increases in the price of fuel; it was the lack of fuel. Drivers learned to figure out the range of their vehicles....
In this scenario, only Canada implements GHG reduction strategies, whereas the rest of the world does not. Therefore, the oil price remains the same as in the base case, and energy trade with the United States is negatively affected by Canada's GHG policies. • Kyoto–loose (KL) scenario...
Fears of high inflation are grounded in memories of the Great Inflation, which remain fresh in the minds of many. Soaring inflation battered the U.S. economy in the 1970s, ending only after the Fed, under Chairman Paul Volcker, ... DA Lopez 被引量: 2发表: 2012年 All change or plus ...
In the longer term, cutting demand and finding alternatives is critical. Some analysts have drawn comparisons with the 1970s Arab oil embargoes. They spiked prices but triggered an energy efficiency drive and the development of resources in regions like the North Sea and Alaska, ushering in almos...
PITTSBURGH-This time, Tom Gell-rich told the Pennsylvania Independent Oil & Gas Association, a shock means great things for the U.S. economy. The 1970s oil shock reverberated throughout the U.S. manufacturing sector, and in the course of a decade, helped cut the number of U.S. manufact...
When the economy improved or fuel prices dropped again — as they did after the oil-price shocks in the 1970s eased — buyers invariably went back to bigger vehicles. But with oil prices expected to remain high for years, auto industry executives are seeing a turning point. "The era of ...
The price of wholesale gasoline partly reflects supply and demand factors distinct from those for crude oil. For example, U.S. gasoline prices typically rise in the summer in response to higher demand.2U.S. refining capacity increased around 2.75% in the period spanning from August 2014 to Aug...