There is still a gas crisis
we are currently running out of gas
in the 70s during the oil crisis, they closed the autobahn sundays to save gas
1973. 1973 oil crisis - Cause: an OPEC oil export embargo by many of the major Arab oil-producing states, in response to western support of Israel during the Yom Kippur War 1979 energy crisis - Cause: the Iranian revolution 1990 spike in the price of oil - Cause: the Gulf War The 2000-2001 California electricity crisis - Cause: failed deregulation, and business corruption. The UK fuel protest of 2000 - Cause: Raise in the price of crude oil combined with already relatively high taxation on road fuel in the UK. North American natural gas crisis
The OPEC oil embargo.
Yes ,it is because its a fact that were ever there is gas we find oil there in Sindh there are reserves of oil but our lazy government does not do work there because its is expensive and they declare energy crisis in our country
florida
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There is obviously some awareness of a future "oil crisis", but at the moment such phrases are only ammunition for oil companies. The world is not going to run out of oil any time soon. However, continued use of our oil reserves poses many environmental problems. We have probably 100 years to get our act together and completely break our dependancy of oil. (Given the rise of technology that can get oil once thought unobtainable) This doesn't mean you should sell your gas guzzler and start picketing gas stations, although investing in alternative energy might be a good idea.
Iran has capital resources that include oil. In addition, you can find this out by past historical subjects that include the oil crisis of America during the 1970s.
Because of U.S. support for Isreal during the 1973 Yom Kippur War, the Arab oil countries stopped selling oil to the United States, which sent world oil prices soaring. The United States experienced an energy crisis as a result of this action; long gas lines and calls for energy conservation are the norm.
Oil crisis is basically a phenomenon where the prices of oil products boost up because of the increase in world market's price which is caused to a so-called 'decrease' of oil deposits.
The three crises of 1956 were the Suez Crisis, the Hungarian crisis and the Oil Crisis. The Suez crisis was a confrontation between Israel and Egypt.
corrupt............