Prices and consumption patterns for energy


Assignment:

In the 1970s, energy shortages had a significant impact on economies throughout the world. Was this a one-time phenomenon or could it recur? Was it related primarily to demand side or supply-side factors? How have demand and supply for energy changed since the 1970s, and how have these changes affected prices and consumption patterns for energy? Are further significant changes likely?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Science: Prices and consumption patterns for energy
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