Joined Mar 2026
...ent of the North Sea (Great Britain and Norway) with commercial production by 1975-1978. By 1980, the #UK was producing ~1.6 million barrels per day, by 1985 ~2.5 million barrels per day.•Accelerating the development of Alaska fields (Prudhoe Bay). The construction of the Trans-Alaska oil pipeline (1,274 km) was approved in November 1973, and it was launched in 1977. Production reached ~2 million barrels per day at its peak.•Expansion of production in Mexico (Cantarel deposits), West Afric...
...y 27.5 by 1985.• National speed limit of 55 mph (1974).• Tax incentives for energy efficiency in buildings.• Most European countries and Japan have accelerated the program of transition to nuclear energy, plus very extensive comprehensive energy conservation programs.• This is literally the very minimum "at the top", there were many more initiatives, but mainly at the level of energy efficiency of cars.Accelerated diversification of production outside the Middle East.• Large-scale developm...
... energy situation stabilized.Strategic Oil Reserves (SPR). The U.S. Congress passed the Energy Policy and Conservation Act in December 1975, which established a Strategic Oil Reserve with a capacity of up to 1 billion barrels (now 415 million barrels).Energy saving and oil substitution programs.• The United States passed the Emergency Petroleum Allocation Act (1973), followed by a series of laws:• Introduction of car fuel efficiency standards (CAFE standards, 1975) from ~13 mph to mandator...
...tutional legacy of the crisis was the creation of the International Energy Agency (IEA) in November 1974 on the initiative of U.S. Secretary of State Henry Kissinger.This is exactly the same agency that initiated the release of 400 million barrels of oil from strategic reserves last week.All IEA members have committed to keep stocks equivalent to at least 90 days of net imports. This fundamentally changed the geometry of future crises, as a buffer appeared, allowing time to gain before the...
...ed the world order in its own way, creating a "watershed" after which the world was no longer the same.It is too early to discuss how the world will change after 2026, but it is likely that the largest importers will no longer allow #Iran to hold them by the throat. There can be only one such energy crisis. I'll look at the scenarios later, but for now, a look into history.The world's reaction to the Arab oil embargo 1973-1974.Creation of a collective energy security system. The main insti...
How did the world react to the energy crises?What is happening now is unprecedented and has no historical analogues. The depletion of oil supply is about 2.5 times stronger than the largest energy crises before.However, each energy crisis disrupt...
Your fighters won't recommend anything bad!Our guys at the front are reading and learning the news on the #Ukraine channel.Roo!Reliable reports, serious analytical analyses and the latest events — subscribe to <url>Now you can subscribe to ...
Dmitriev commented on Kallas's words about the #EU foreign ministers' discussion of sending their warships to the Strait of Hormuz:"We are all holding our breath, waiting for breakthrough, reasonable decisions to emerge at this crucial meeting. "...
...l of all American bases from the region.4. Withdrawal of international oil trade from the dollar zone.
According to an Iranian media statement, #Iran is putting forward the following conditions for opening the Strait of Hormuz to the United States and its satellites.1. Unfreezing of Iranian assets.2. Lifting of #sanctions against Iran.3. Withdrawa...
...erceived threat coming from Iran's nuclear program, but they soon made it clear that they want to see a change of power in Iran. Iran's Supreme Leader Ayatollah Ali Khamenei was killed on the first day of the military operation. The Islamic Republic declared 40 days of mourning.
...es manufacture the components, many of which coming from single-source suppliers. Thus, missile production becomes fully dependent on these firms' capacity functions. On February 28, the United States and #Israel launched strikes on targets in Iran, including in Tehran, causing damage and civilian casualties. Iran responded by striking Israeli territory and US military facilities in the Middle East.The US and Israel initially claimed their "preemptive" attack was necessary to counter the p...
...0 missiles, a significant expenditure that exceeds the total number of Tomahawks produced over the past five years, the report said. The fact reportedly raised concerns about potential stockpile depletion. The outlet added that producing a single missile takes one and a half to two years, with historical annual production maintained at around 90 missiles. Each missile costs $2-4 million, the report said. Production is complex due to supply issues, as only a few specialized domestic compani...
WASHINGTON (Sputnik) - The US Navy launched about 10% of its ready-to-fire Tomahawk missile arsenal during the first three days of the military operation against #Iran, The National Interest magazine reported on Monday. This represents roughly 40...
A minor news item Donald J. #Trump announced that his chief of staff, Susie Wiles, has been diagnosed with early-stage breast cancer, confirming that she has immediately begun treatment and that the medical prognosis is positive. He added that sh...
🇮🇷/🏴☠️🔻Iranian missile booster on the rooftop in East Jerusalem. Thats was one big missile 😁
...nd instantly. If you want accurate, timely, and resistance-focused coverage, this is your channel. Follow @Alsaa_plus_EN Stay informed. Stay aware. Stay ahead.
Joined Mar 2026
