упр.1. Energy crises.
Ответьте на вопросы:
- What brought an end to the era of secure and cheap oil?
- Dud the Arab oil-producing countries cut back oil production?
- To what countries they embargoed oil shipments?
- Did the Arab cutbacks represent a loss of big percentage in world oil supply?
- Did cutbacks create panic on the part of oil companies, consumers, oil traders, and some governments?
- What was the reaction of OPEC nations to oil supply cutbacks?
- What is your opinion, why most OPEC governments took over ownership of the oil fields in their countries?
- When did a second oil crisis begin?
- What event caused this crisis?
- What country was the main oil exporter at that time?
- What were the prices of crude oil by the end of 1980-th in comparison with that just ten years earlier?
- Did the very high oil prices cause a new worldwide recession?
- Did high oil prices give a push to energy conservation measures?
- What was the USSR oil production per day by 1989?
- What were the results of Iraq’s invasion of Kuwait?