Gas turmoil 35 Years Later - No diversity - Who Remembers Gas Crisis of 1973
The plans for the first gas crisis started in August of 1973 as the Arab Nations would plan for war with Israel. On april 17, 1973 all the OAPEC (small business of Arab Petroleum Exporting Countries) who have been the Arab members of OPEC (organization of Petroleum Exporting Countries) Announced they would frequently no longer ship oil to countries that supported Israel, Like the us,our great country. Around this time OPEC members agreed to use their power over the world and become the world price setting instrument to raise the prices of oil internationally. OPEC cut manufacture of oil and placed an embargo on all deliveries of crude oil to the Western world, Including united states and the Netherlands.Not many americans really understood what was happening to our economy as most thought that the oil companies were U.S. used, Very few people realized then that we no longer were a super power of oil development but rather a crude oil whore that sold out long ago. Little did we know this was the beginning of the end of an important segment in the American lifestyle as we knew of in the past. This will be your start of a major change in the U.S. Automobile market and ripple through our economy to affect all Americans in ways that is going to not be imagined. This opened America's doorway to a new wave of imported vehicles and left the U.S. Auto manufacturing businesses watching the compact cars drive by their showrooms as they could not change their traditional ways of production fast enough to produce higher MPG vehicles. The new generation of auto buyers who were organ of the baby boomer generation got pleasure from going against the U.S. Establishment and purchased foreign autos and mocked America during this process, What they didn't understand was that they are putting their brothers & Fathers and eventually themselves in the unemployment line bringing about the loss of many American jobs. Needless to say we faced a recession that was a start of things to come for years ahead.Gas unexpected of 2005-2008,If you can can remember the date of about August 23, 2005 on a typical summer day the headline news reports were warning of a large tropical storm approaching the west coast of florida. This tropical storm would enhance to be named - hurricane Katrina, And on August 29th Katrina would slam the gulf coast of florida and surrounding coastal areas. After the quake was over there would be some damage to offshore oil drilling rigs in the Gulf. The oil companies who owned these rigs would blame Hurricane Katrina and heredity for the next record setting $$$price increase of oil products in our history. After all a gouging price increase was long overdue for the oil companies and this was time for you to make windfall profits as they did in the 70's and this storm would give Ulysse Nardin Marine Chronometer Replica Watch an opportunity to test how much the American economy could bear.If you can remember the first news reports during Katrina reported that oil production suffered slightly and these oil stations produced only 8-10% of our demand and at the beginning prices and supply was of no concern. well within a few days after the storms passed, The oil companies kept raising the percentage of our feature these couple of damaged rigs. When said and done short term installment loan claimed that these drilling rigs were producing 25% or more of our oil demand and the U.S. Needed every drop of that oil and we would face a serious shortage without delay until new sources were found and repairs were made. as with 1973, The owners of the oil companies would prove again to us nobody owns the oil world and they would take down the American economy by raising prices until a recession would cripple us again.Here's how it happened - Oil prices were realistically below $25/barrel in September 2003. Many small events would raise the prices gradually to reach over $60/barrel by August 11,2005, Exceed $75 in the summer of 2006, Fall to between $50 and $60/barrel in the early part of 2007, highly rise, progressing to $92/barrel by October 2007 and $99/barrel for December. on february 19, 2008, Oil amounts hit an all-morning peak at $100.10 per clip or barrel. So here we go again on a ride for survival on the oil barons cruise boat waiting to be dropped off deep in the ocean wherever or should they choose. We will pay for the increase in oil prices in every product and service we purchase and in our own daily travel expenses. So you may well ask are we being raped? clearly, And wear them we can do about it until our nation realizes that oil is a has been fuel and the supply will continue to drain down and prices will increase. We are usually in this gas crisis for over 35 years, And we kept closing our eyes to not see inescapable fact. The rest of the world laughs at the U.S. When we cry about gas prices, because they're also being raped for the price of gas.north america loves those big gas-Guzzling pickup trucks & SUV's and here we go again as in the 1970's blaming car firms about why they haven't done something about more fuel efficient vehicles. It would be stressful for an American to own a Hummer with an electric engine. And all of the imports sellers have joined in with fuel thirsty suv's and pickups. Any American who wanted a car that could get at least 30 miles per gallon could have done so within the last two decades. But regularly, in order to U.S. vehicle sales histories, Those cars were at the bottom of the market if they came from Japan, the nation or Europe. understand, OPEC will not come can provide relief. conflicts & you.S. Military action on the soil of oil producing countries will not solve dilemma. The only solution is to lower our use and dependence of oil fuels because they're depleting faster than can be harvested. No price or drilling fields can solve the problem, Only alternative fuel is the Replica Glashutte Karree Automatic answer and we are becoming the prime targets for paying the high costs of quest for new fuel substitutes. And seen we (individuals) Can find the means and methods in order to develop new fuels before our fellow auto importers do, And I am sure we will sell out again to a foreign sellers.