What is ENERGY CRISIS? What does ENERGY CRISIS mean? ENERGY CRISIS meaning, definition & explanation
Enron: The Smartest Guys in the Room (7/10) Movie CLIP - Burn, Baby, Burn (2005) HD
The Energy Crisis
The Enron Scandal - A Simple Overview
A Crisis of Energy
From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008. Commentators attributed these price increases to many factors, including Middle East tension, soaring demand from China, the falling value of the U.S. dollar, reports showing a decline in petroleum reserves, worries over peak oil, and financial speculation.
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