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A global energy crisis is defined as any great shortfall in the supply of energy to an economy. Energy is oil, electricity, or other natural resources like coal and natural gas. When the energy supply to an economy becomes endangered or scarce, prices raise to record highs. This paper will cover historical events that caused energy crises in the past, recent events that affect today's energy prices, and what is being done and proposed to lessen the United State's dependence on some forms of non-renewable energies.
In the history of the United States alone, there have been several energy crises. For example in 1973, many of the major Arab oil-producing states helped to pass an oil export embargo in response to western support of Israel. The new embargo forced the price of oil to almost quadruple by 1974. U.S. imports of oil from the Arab countries dropped from 1.2 million barrels a day to 19,000 barrels.
The United States government was quick to respond to the embargo....

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Title: Energy Crisis
Approximate word count: 932
Approximate pages: 4 (250 words per double-spaced page)

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