Essays on Oil Crisis

Introduction Article Summary The Financial time (McCormick et al. 2019), released a news article on the September 16th this year titled “Oil rallies 10%; Saudi production may take months to recover- as it happened.” This article, describes the Saudi Arabia Oil crises that has caused an increase to the prices of oil by 20%, which...

One of the most important commodities worldwide is crude oil. It is a main chief source of energy, contributing to a staggering 56% of total energy consumption.[footnoteRef:1] Oil is a major source of energy because, unlike other sources, it is much cheaper. Much of the oil that a country consumes is imported from OPEC countries,...

With the constant economic and social downfalls that Americans were facing leading up to the 1980 Winter Olympics, America was dividing and the solution for building back that unity came from one victory; team USA’s win over the USSR in hockey. This event single-handedly captures what it was like to truly be an American during...