Energy crisis: what can 1973 teach us?

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Energy crisis: what can 1973 teach us? –

Alongside his invasion of Ukraine, Vladimir Putin has throttled gas supplies to Europe—but the world has seen energy used as a weapon before. What can the energy shock of 1973 tell us about today’s crisis?

00:00 – Energy wars

02:12 – Oil sanctions don’t work

06:59 – Energy security

11:05 – Alternatives to oil

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To read more on the war in Ukraine: https://econ.st/3k6ILzE

How the West’s price cap on Russian oil could roil energy markets: https://econ.st/3GUQpGD

The costs and consequences of Europe’s energy crisis are growing: https://econ.st/3Izg6O4

Europe faces an enduring crisis of energy and geopolitics: https://econ.st/3vPSn4L

Europe is growing complacent about its energy crisis: https://econ.st/3GT4YKw

Europe’s next energy crunch: https://econ.st/3jVpDEK

How to deal with Europe’s energy crisis: https://econ.st/3XmdkQg

Europe’s energy market was not built for this crisis: https://econ.st/3Qxvn3N

Europe scrambles to protect citizens from sky-high energy prices: https://econ.st/3k76boR

Europe’s winter of discontent: https://econ.st/3CA9laM

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John Jason Fallows

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