When oil prices spiked during the 1967 Oil Embargo, 1973 oil crisis, and 1979 energy crisis, Alberta's economy boomed.

A situation that has been often cited of this was the oil crisis of the 1970s, which some economists see as a major cause of the inflation experienced in the Western world in that decade.

The crisis was precipitated by a number of external shocks, including the El Niño weather phenomenon in 1997, a sharp drop in global oil prices in 1997-98, and international emerging market instability in 1997-98.

The prolonged worldwide boom, beginning in the late 1940s and lasting until the first oil crisis in 1973, was a challenge that Finland met and from which it emerged with a highly sophisticated and diversified economy, including a new occupational structure.

After 1973, Germany was hard hit by a worldwide economic crisis, soaring oil prices, and stubbornly high unemployment, which jumped from 300, 000 in 1973 to 1. 1 million in 1975.

* The Suez crisis caused an outcry of indignation in the entire Arab world and Saudi Arabia set an embargo on oil on France and Britain.

These favorable developments, combined with the presence of a large and cheap labour force, laid the foundation for spectacular economic growth that lasted almost uninterrupted until the " Hot Autumn's " massive strikes and social unrest of 1969-70, which then combined with the later 1973 oil crisis and put an abrupt end to the prolonged boom.

* 1974 – In response to the 1973 oil crisis, daylight saving time commences nearly four months early in the United States.

Kazakhstan's economy turned downward in 1998 with a 2. 5 % decline in GDP growth due to slumping oil prices and the August financial crisis in Russia.

The oil crisis of 1973 and a slump in export revenues put Zambia in a state of economic crisis.

After the 1973 oil crisis and the subsequent rise in fuel costs, gas turbine locomotives became uneconomical to operate, and many were taken out of service.

These policies, coupled with economic pressures stemming from the 1973 oil crisis, resulted in the rapid collapse of Madagascar's economy and a sharp decline in living standards, and the country had become completely bankrupt by 1979.

Mazda's rotary success continued until the onset of the 1973 oil crisis.

Fraser's economic record was marred by rising unemployment, which reached record levels under his administration, caused in part by the ongoing effects of the 1973 oil crisis.

* 1974 – Oil embargo crisis: Most OPEC nations end a five-month oil embargo against the United States, Europe and Japan.

* 1973 – A national speed limit is imposed on the Autobahn in Germany because of the 1973 oil crisis.

* 1973 – The Netherlands experiences the first Car Free Sunday caused by the 1973 oil crisis.

When increasing concern within the company over the pricing and availability of fuel during the oil crisis of the 1970s became an issue of contention, smaller engines were considered in the interest of fuel economy.

The 1973 oil crisis, a series of automobile-related regulatory changes enacted during the 1970s and a change of directors at Volkswagen made the case for a Volkswagen sports car less striking and the 425 project was put on hold.

It was not until the 1973 oil crisis that the country saw rapid growth, and GDP per capita soared by 1, 858 % in the 1970s ( although that growth was concentrated with the ruling elite ).

The major exception to this occurred during the 1973 oil crisis when Saudi Arabia, with the other Arab oil states, used an embargo on oil supplies to pressurize the US to stop supporting Israel.

After the end of hostilities, in 1988, oil exports gradually increased with the construction of new pipelines and restoration of damaged facilities.

After hostilities ceased, oil exports gradually increased with the construction of new pipelines and the restoration of damaged facilities.

During the 1950s and 1960s gradually increasing oil revenues brought prosperity, rapid immigration, substantial social progress, and the beginnings of Qatar's modern history.

Even when stored under mineral oil, samarium gradually oxidizes and develops a grayish-yellow powder of the oxide-hydroxide mixture at the surface.

Syria ’ s oil reserves are being gradually depleted and reached 2. 5 billion barrels in January 2009.

A contributing factor was the rising cost of diesel fuel, a trend that set in after the 1973 oil crisis, which gradually undermined the D & RGW's fuel-consuming " fast freight " philosophy.

" Meanwhile, King Saud gradually came to resent Nasser's popularity among the Saudi people and his references to Saudi oil as belonging to all the Arabs ; when Hussein requested military assistance from Saud, he complied, sending 4, 000 troops to Jordan as a protective measure.

All two-stroke engines running on a petrol / oil mix will suffer oil starvation if forced to rotate at speed with the throttle closed, e. g. motorcycles descending long hills and perhaps when decelerating gradually from high speed by changing down through the gears.

Local relations with the oil industry gradually soured through the period.

The Gas Boom, mostly an oil boom for Montpelier, gradually ended during the first decade of the 20th century.

Oil production from the Trenton Gas and Oil Field surrounding Montpelier began decreasing during the first decade of the 20th Century, and the Gas Boom ( or Montpelier ’ s oil boom ) gradually came to an end.

The provision allowing accelerated write-off of oil sands investments will be phased out gradually, so projects that had relied on them can proceed.

Issues with command economics, oil prices decreases and large military expenditures gradually brought the Soviet economy to stagnation.

Germany must control the oil well at Ploesti in Romania if she is to avoid " oil effects ", which gradually degrade her economy, air, armour and navy ( Germany suffers one new effect of her choice for each turn of which she is deprived of oil ).

( a ) a blended or ' made-in-Canada ' price of oil, an average of the costs of imported and domestic oil, which will rise gradually and predictably but will remain well below world prices and will never be more than 85 per cent of the lower of the price of imported oil or of oil in the US, and which will be financed by a Petroleum Compensation Charge levied on refiners ...;

In the late 1960s, he diversified his business to include oil — establishing Petrola — and construction, building ( among other things ) oil refineries in Greece and Saudi Arabia, before gradually expanding into banking and financial services.

Wood heat was gradually replaced by coal and later by fuel oil, natural gas and propane heating except in rural areas with available forests.

In 1877, Ernest Solvay was granted a U. S. Patent for a tray column for ammonia distillation and the same and subsequent years saw developments of this theme for oil and spirits.

He theorizes such a saw could have been attached to a wooden trestle and used in conjunction with possibly vegetable oil, cutting sand, or emery or pounded quartz to cut the blocks and would have required at least a dozen men to operate it.

The lower river saw the development of many oil refineries and chemical plants, leading to a degradation of the water quality, which in turn led to on-going efforts to restore the quality of the river.

He saw that there was a great future in the oil business.

That year also saw Silver City become involved in supporting the oil industry in Libya, flying geologists and supplying desert camps with a fleet of DC-3s and a single DC-2 from bases at Tripoli and Benghazi.

This version, after the mid-1970s, saw little change with the incorporation of electronic ignition in 1988, an anti-theft alarm system in 1990, a catalytic converter in 1991 ( as required by law ), as well as electronic Digifant fuel injection, hydraulic valve lifters, and a spin-on oil filter in 1993.

The river was used by the farmers for a grist mill, a saw mill, an oil mill and even a distillery starting around 1740.

" By 1820, there were 2 distilleries, 2 wheel wrights, an oil mill, fulling mill, carding machines, grist mills, saw mills, a goldsmith, and twine and cotton batting operations.

They include Shevlin cooperative creamery, the locker plant, a saw mill, The co-op oil station, a box factory, several general, hardware and drug stores, three saloons a couple of restaurants, a newspaper, a millinery, barbershop, and doctors offices.

Sunburst has its origins as a farming community and later saw significant population growth after oil development occurred in the 1920s.

They then built a flour mill, an oil mill, and a saw mill.

Some of the mill buildings were reconstructed and over the next 150 years, continued to operate variously as oil, saw, grist and spoke mills.

A 1938 oil boom in Bryson saw the population explode with many people forced to live in tents.

The look of the ship was inspired by an oil refinery Spielberg saw at night in India.

The desire to link all the major oil and gas cities on Borneo saw the addition of Balikpapan to the route network in December.

When Marco Polo in 1264 visited the Azerbaijani city of Baku, on the shores of the Caspian Sea, he saw oil being collected from seeps.

During this degree, he worked for a summer with Gulf Oil in Tulsa, Oklahoma, where he witnessed an oil boom town after the oil ran out ; political scientist Allan Tupper has suggested that Lougheed saw here a possible future of Alberta.

His first term also saw the start of a decade-long development boom, and he later established the Alberta Heritage Savings Trust Fund, which used oil revenues to invest for the long term in such areas as health care and research.

The underside of each link features a small metal finger called a " drive link " which locates the chain on the bar, helps to carry lubricating oil around the bar, and engages with the engine's drive sprocket inside the body of the saw.

Of the same years is the Crucifixion in the Royal Museum of Antwerp: his early works shows a marked Flemish influence, which it is now understood he derived from his master Colantonio and from works by Rogier van der Weyden and Jan van Eyck that belonged to Colantonio's patron, Alfonso V of Aragon ; his biographer Vasari remarked that Antonello saw at Naples an oil painting by Jan Van Eyck ( the " Lomellini Tryptych ") belonging to King Alfonso V of Aragon ; Vasari's further narrative, that being struck by the new method, set out for the Netherlands to acquire a knowledge of the process from Van Eyck's disciples is discredited today.

Lisle in 1835 had considerable distinction as a manufacturing town, at that time having in operation three grist mills, twenty saw mills, one oil cloth mill, three fulling mills, three carding mills, one trip hammer or forging mill, three tanneries and two places where potash was made.

In 2005, with record-breaking oil prices, the company saw an unexpected excess of funds.