Waterborne Commerce of the United States, Calender Year 2004: Part 5--National Summaries
Author :
Publisher : DIANE Publishing
Page : 99 pages
File Size : 41,35 MB
Release :
Category :
ISBN : 1428916989
Author :
Publisher : DIANE Publishing
Page : 99 pages
File Size : 41,35 MB
Release :
Category :
ISBN : 1428916989
Author :
Publisher : DIANE Publishing
Page : 98 pages
File Size : 29,20 MB
Release :
Category :
ISBN : 142891708X
Author :
Publisher :
Page : 1220 pages
File Size : 37,60 MB
Release : 1962
Category : Shipping
ISBN :
Author :
Publisher :
Page : 546 pages
File Size : 43,66 MB
Release : 2004
Category : Transportation
ISBN :
Author :
Publisher :
Page : 352 pages
File Size : 44,83 MB
Release : 2004
Category : Energy conservation
ISBN :
Author :
Publisher : DIANE Publishing
Page : 183 pages
File Size : 13,25 MB
Release :
Category :
ISBN : 1457820463
Author :
Publisher :
Page : 952 pages
File Size : 11,3 MB
Release : 2007
Category :
ISBN :
Author :
Publisher :
Page : 144 pages
File Size : 16,30 MB
Release : 2004
Category : Transportation
ISBN :
Author :
Publisher : DIANE Publishing
Page : 236 pages
File Size : 38,57 MB
Release :
Category :
ISBN : 145781854X
Author : Tushar K. Ghosh
Publisher : Springer Science & Business Media
Page : 784 pages
File Size : 27,70 MB
Release : 2009-06-04
Category : Business & Economics
ISBN : 9048123836
In the lifetimes of the authors, the world and especially the United States have received three significant “wake-up calls” on energy production and consumption. The first of these occurred on October 15, 1973 when the Yom Kippur War began with an attack by Syria and Egypt on Israel. The United States and many western countries supported Israel. Because of the western support of Israel, several Arab oil exporting nations imposed an oil embargo on the west. These nations withheld five million barrels of oil per day. Other countries made up about one million barrels of oil per day but the net loss of four million barrels of oil production per day extended through March of 1974. This represented 7% of the free world’s (i. e. , excluding the USSR) oil production. In 1972 the price of crude oil was about $3. 00 per barrel and by the end of 1974 the price of oil had risen by a factor of 4 to over $12. 00. This resulted in one of the worst recessions in the post World War II era. As a result, there was a movement in the United States to become energy independent. At that time the United States imported about one third of its oil (about five million barrels per day). After the embargo was lifted, the world chose to ignore the “wake-up call” and went on with business as usual.