Oil Crisis

We need oil. We depend on oil. Without oil we go hungry. Oil is vital. All of this explains why supply problems really matter. One crisis happened in October 1973 because America decided to support the Jews as they were losing the war against Arabs. In fact England and various other countries refused to help the American resupply. Kissinger got annoyed about that but the Arabs still refused us.

1973 Oil Crisis ex Wiki
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The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of OPEC, plus Egypt, Syria and Tunisia) proclaimed an oil embargo "in response to the U.S. decision to re-supply the Israeli military" during the Yom Kippur war; it lasted until March 1974.[1] With the US actions seen as initiating the oil embargo and the long term possibility of high oil prices, disrupted supply and recession, a strong rift was created within NATO. Additionally, some European nations and Japan sought to disassociate themselves from the US Middle East policy. Arab oil producers had also linked the end of the embargo with successful US efforts to create peace in the Middle East, which complicated the situation. To address these developments, the Nixon Administration began parallel negotiations with both Arab oil producers to end the embargo, and with Egypt, Syria, and Israel to arrange an Israeli pull back from the Sinai and the Golan Heights after the fighting stopped. By January 18, 1974, Secretary of State Henry Kissinger had negotiated an Israeli troop withdrawal from parts of the Sinai. The promise of a negotiated settlement between Israel and Syria was sufficient to convince Arab oil producers to lift the embargo in March 1974. By May, Israel agreed to withdraw from the Golan Heights.[1]

Independently, the OPEC members agreed to use their leverage over the world price setting mechanism for oil to stabilize their real incomes by raising world oil prices. This action followed several years of steep income declines after the recent failure of negotiations with the major Western oil companies earlier in the month.

For the most part, industrialized economies relied on crude oil, and OPEC was their predominant supplier. Because of the dramatic inflation experienced during this period, a popular economic theory has been that these price increases were to blame, as being suppressive of economic activity. However, the causality stated by this theory is often questioned.[2] The targeted countries responded with a wide variety of new, and mostly permanent, initiatives to contain their further dependency. The 1973 "oil price shock", along with the 1973–1974 stock market crash, have been regarded as the first event since the Great Depression to have a persistent economic effect.[3]
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The answer to this one is Do Not Pander To Jews

 

1979 Energy Crisis ex Wiki
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The 1979 (or second) oil crisis in the United States occurred in the wake of the Iranian Revolution. Amid massive protests, the Shah of Iran, Mohammad Reza Pahlavi, fled his country in early 1979 and the Ayatollah Khomeini soon became the new leader of Iran. Protests severely disrupted the Iranian oil sector, with production being greatly curtailed and exports suspended. When oil exports were later resumed under the new regime, they were inconsistent and at a lower volume, which pushed prices up. Saudi Arabia and other OPEC nations, under the presidency of Dr. Mana Alotaiba increased production to offset the decline, and the overall loss in production was about 4 percent. However, a widespread panic resulted, driving the price far higher than would be expected under normal circumstances.

In 1980, following the Iraqi invasion of Iran, oil production in Iran nearly stopped, and Iraq's oil production was severely cut as well.

After 1980, oil prices began a six-year decline that culminated with a 46 percent price drop in 1986. This was due to reduced demand and over-production, which caused OPEC to lose its unity. Oil exporters such as Mexico, Nigeria, and Venezuela expanded production. Ending of price controls allowed the US and Europe to get more oil from Prudhoe Bay and the North Sea.
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We depend on oil. They depend on money.

2. 1979 energy crisis - Wikipedia, the free encyclopaedia

    "Further information: 1979 world oil market chronology ... The rise in oil ..."
    en.wikipedia.org/wiki/1979_energy_crisis

3. 1970′s Oil Crisis | RECESSION.ORG

    "The world needs so much oil every day to run, and will literally need to pay ... In October of 1973 OPEC stopped exports to the US and other western nations ..."
    recession.org/history/1970s-oil-crisis

4. 1973 oil crisis - World Lingo

5. 1973 energy crisis - Definition

6. 1973 Oil Shock

    "In "A Century of War -- Anglo American Oil Politics and the New World Order" ... that the 1973 OPEC "oil shock" and the accompanying oil "shortage" were ..."
    oilgeopolitics.net/1973_Oil_Shock/1973_oil_shock.html

7. 1973 oil crisis - Slider

    "Jump to Decline of OPEC‎: Nevertheless, the 1973 oil shock provided dramatic evidence of the potential power of Third World resource suppliers in ..."
    enc.slider.com/Enc/1973_energy_crisis

8. The Great Oil Shock of 1973 1973: THE GREAT OIL SHOCK I Introduction

 

Amount Of Fossil Fuel Burned In UK Falls To A Record Low After We Went To Bed  [ 31 December 2021 ]
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The amount of fossil fuels burned to power the UK's electricity grid has fallen to a record low.

Just before midnight [  for a ten minute period ] on Wednesday fossil fuels including coal and natural gas generated 1.7 gigawatts of electricity, just 6 per cent of the total used by the grid, according to power firm Drax Group.
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After we had all gone to bed & turned the central heating off demand fell. Now there's a surprise. Coal & gas gave us 1.7 gigawatts. Nuclear supplied 6.8 gigawatts, or 24 per cent. That was also base load. Wind mills generated over 15.6 gigawatts, or 55 per cent of the total. Wind is fine but can disappear in the course of a few minutes. Should you ever believe the Lunatic Fringe or the Mainstream Media for that matter? You can check the numbers at Grid Watch/