2. An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place. Energy runs machinery in factories, lights our cities and powers our vehicles. There has been an enormous increase in the demand for energy as a result of industrial development and population growth. Supply of energy is, therefore, far less than the actual demand. Μια ενεργειακή κρίση είναι να υπάρχει ένα μεγάλο εμπόδιο (ή αύξηση των τιμών) στην προμήθεια ενεργειακών πόρων σε μια οικονομία. Στη λαϊκή λογοτεχνία όμως, αναφέρεται συχνά σε μία από τις πηγές ενέργειας που χρησιμοποιούνται σε έναν ορισμένο χρόνο και τόπο. Ενέργεια τρέχει μηχανές στα εργοστάσια, τα φώτα των πόλεων και τα οχήματά μας. Υπήρξε μια τεράστια αύξηση της ενεργειακής ζήτησης, ως αποτέλεσμα της βιομηχανικής ανάπτυξης και της αύξησης του πληθυσμού. Προμήθεια ενέργειας είναι, επομένως, πολύ λιγότερο από την πραγματική ζήτηση. Energy crisis http://en.wikipedia.org/wiki/Energy_crisis
3. Causes of Energy Crisis Market failure is possible when monopoly manipulation of markets occurs. A crisis can develop due to industrial actions like union organized strikes and government embargoes. The cause may be over-consumption, aging infrastructure, choke point disruption or bottlenecks at oil refineries and port facilities that restrict fuel supply. An emergency may emerge during unusually cold winters due to increased of energy. Αδυναμία της αγοράς είναι δυνατή όταν το μονοπώλιο χειραγώγηση των αγορών εμφανίζεται. Μια κρίση μπορεί να αναπτύξει λόγω της βιομηχανικής δράσεις όπως απεργίες διοργανώνονται ένωσης και του εμπάργκο της κυβέρνησης. Η αιτία μπορεί να είναι υπερβολική κατανάλωση, οι υποδομές που παλιώνουν τσοκ σημείο διακοπής ή σημεία συμφόρησης στα διυλιστήρια πετρελαίου και των λιμενικών εγκαταστάσεων που περιορίζουν την παροχή καυσίμων. Περίπτωση έκτακτης ανάγκης ενδέχεται να προκύψουν κατά τη διάρκεια της ασυνήθιστα ψυχρό χειμώνα λόγω της αυξημένης ενέργειας. http://en.wikipedia.org/wiki/Energy_crisis
4. National population suffering from undernourishment as percentage . http:// en.wikipedia.org/wiki/Energy_crisis
5. Energy crisis The macroeconomic implications of a supply shock-induced energy crisis are large, because energy is the resource used to exploit all other resources. When energy markets fail, an energy shortage develops. consumers may experience intentionally engineered rolling blackouts which are released during periods of insufficient supply or unexpected power outages, regardless of the cause. http://en.wikipedia.org/wiki/Energy_crisis
7. Crisis management An electricity shortage is felt most by those who depend on electricity for their heating, cooking and water supply. In these circumstances a sustained energy crisis may become a humanitarian crisis. If an energy shortage is prolonged a crisis management phase is enforced by authorities. Energy audits may be conducted to monitor usage. Various curfews with the intention of increasing energy conservation may be initiated to reduce consumption. To conserve power during the Central Asia energy crisis, authorities in Tajikistan ordered bars and cafes to operate by candlelight . Warnings issued that peak demand power supply might not be sustained. In the worst kind of energy crisis energy rationing and fuel retioning may be incurred. Panic buying may beset outlets as awareness of shortages spread. Facilities close down to save on heating oil; and factories cut production and lay off workers. The risk of stagflasion increases.
8. The Global Oil Crisis The Earth's total endowment of oil, before humans started using it, was roughly 2 trillion barrels of recoverable oil. Consumption has been rapidly increasing and about half is used up. Consumption is currently 31 billion barrels each year. Crunch the numbers and you will see the oil gone in 32 years presuming the rate of consumption does not change. That is not to be construed to mean that world oil production will be constant for 32 years and then suddenly go to zero. There will be demand for oil, even if it is expensive. Billions of prosperous people in China and India will guarantee that. The problem is oil production. Very little oil has been found within the past 30 years and the prospect of finding much more is dim and it's not for lack of looking. Obviously, oil must be found before it can be produced. Some of the world's oil producing regions have already experienced steep declines. It happened in the US in 1971. It happened in the North Sea in 1999. It happened in Mexico in 2006. Oil production in the Middle East and the Russian Federation has not yet peaked, but it will eventually. Peak oil production does not mean the oil is gone. It means all efforts to increase the oil production rate fail. Peak Oil occurs when the declines overwhelm the increases.
