Vastly increased demand for oil in rapidly modernizing China and India, warfare and instability in the Middle East and the weakening U.S. dollar have revived fears of a new energy crisis. Gasoline shortages — and the accompanying lines at gas stations — were thought to have ended with the Jimmy Carter administration. But as 2008 began, American drivers were paying more than $3 a gallon. Read the full report in the CQ Researcher on the library home page. Ask the library staff for user name and password.
Source: CQ Researcher
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