Description
Western crises and challenges related to energy
The West is struggling with the third energy crisis:
1973 • – The first energy crisis – Yom Kippur war – Arab war with Israel.
The United States of the Persian Gulf – against the Shah of Iran – in response to America’s support for Israel has disrupted the oil supply, as a result of which the West increased by about five Oil price parity; their action was what the French called Trente Glorieuses – thirty years of economic growth in France between 1945 and 1945.
And 1975, after the end of World War II” – led.
1975-1980 – the second energy crisis – the Islamic revolution in the United States of Iran – increased about twice the price of oil – this is important again in economic problems brought the big one. Still, the reaction to Ghani’s policy was extreme: inflation decreased at the cost of a deep recession, and Energy markets were allowed to operate. The high oil price has substitution effects, especially in the sector that created electricity and increased supply. In the space of 9 months, the cost of oil rose from 30 dollars per barrel in November 1985 to 10 dollars per barrel in June 1986, as well as Economic Development executive orders issued during the Ronald Reagan era.
2022 • – The third energy crisis, but this time, the energy crisis is entirely different. This crisis was not sparked by the United States of the Persian Gulf, but by An operation similar to the Great Woman carried out by the West under the auspices of NATO. It was created behind the Kremlin’s doors, which caused Putin’s reaction.
In principle, it can be said that Britain’s self-righteous and self-destructive policy is to “strengthen energy.” past” and decision.
Its goal is to ban fracking, as Joseph Toomey shows in his compelling article, that this war of President Biden is against the oil and gas industry of the United States of America.
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