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Petroleum "shocks" aren't anything new. Though the speculation of peak oil consumption has been a well-liked matter of debate just lately, the first worldwide scares over the availability of oil occurred in 1973. The Organization of Petroleum Exporting Nations (OPEC) raised oil prices -- and subsequently fuel costs -- when it reduce again on oil supplies to international locations that supported Israel throughout the Yom Kippur Conflict. This oil disaster, together with a subsequent power disaster in 1979, led some individuals to consider diesel as a substitute to gasoline. Still, the occasions had been a trace that we might have needed to get away from our oil dependence. Greater than 30 years later, recent spikes in gas prices have drivers frustrated at the pump. All of us want a strategy to get round, however the limited availability of public transportation methods like subways in the United States leaves us few selections. On top of this, issues over global warming and the influence petroleum has on the environment have many worried about the future of the Earth.
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