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Petroleum "shocks" aren't anything new. Although the theory of peak oil consumption has been a well-liked topic of dialogue just lately, the primary worldwide scares over the availability of oil occurred in 1973. The Organization of Petroleum Exporting Countries (OPEC) raised oil costs -- and subsequently gasoline costs -- when it minimize again on oil provides to nations that supported Israel throughout the Yom Kippur War. This oil crisis, along with a subsequ璭nt power crisis in 1979, led some folks to think about diesel as a substitute to gasoline. Still, the occasions had been a hint that we may need wanted to get away from our oil dependence. Greater than 30 years later, recent spikes in gasoline prices have drivers frustrated on the pump. All of us want a solution to get round, but the limited availability of public transportation methods like subways within the United States leaves us few choices. On prime of this, issues over global warming and the affect petroleum has on the surroundings have many worried about the way forward for the Earth.
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