Future energy supply prospects have changed drastically in the 70s and particularly over the past 2 years. The 1972–74 oil crisis had for the first time made the oil consuming countries aware of the danger of their considerable dependence on oil. But once the oil flow was running smoothly again and oil prices had stabilized, it was believed both that there was adequate time to make the structural adjustments of energy economies and that a satisfactory rate of economic growth could be achieved in the 80s.
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- Demands and Resources of Energy in the Present and Future
- Springer Berlin Heidelberg
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