Sunday, October 20, 2013

Decades On, OPEC Embargo Still Influences Challenging Energy Debates

Credit: http://www.secureenergy.org Click to enlarge.
Forty years after the 1973 oil embargo crippled the U.S. economy, today's domestic oil production and abundance of natural gas from shale deposits are nudging the legacy of energy shortage further into the recesses of memory.  But even as the surge of U.S. oil and gas production and the technology behind it tell a new energy story, the conversation around natural gas, as much as oil, remains heavily influenced by the events of 40 years ago.

Decades On, OPEC Embargo Still Influences Challenging Energy Debates

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