What if the oil crisis worsens?

The riots in the Arab world have jeopardized the world’s energy systems. The rising price of oil by the political crisis in Libya has led to governments begin to take unusual measures to save energy. However, it may seem to slow down, closing government offices before or tires and lighting systems to sound improvised, it is clear that the government of José Luis Rodríguez Zapatero is simply following the emergency regulations established by the International Agency Energy Agency (IEA) in case of shortage of black gold. Apparently, the government would provide for three levels of alert in case the oil crisis does not slow down.

Now we are at level 1 by which it has established a reduced speed of 120 km / h to 110 km / h to save on gasoline consumption, while the Ministry of Industry proposes other measures such as reducing the number of cars official or public offices close early before. But what if you reach a level 2 or level 3? What if the rise in oil prices continues to escalate? How might save more fuel? What energy? Would tougher measures? Many doubt that will not go unanswered because the IEA since the mid-70 has established a protocol for emergency energy with which ensures for a time the supply and demand for oil.

Published on 17 Sep 2011 in Business Info, by admin

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