Get premium membership and access revision papers with marking schemes, video lessons and live classes.
Processing. Please wait.

 Form 4 Geography online lessons on energy

Meaning of energy or oil Crisis

 (2m 33s)
229 Views     SHARE

Download as pdf file

Answer Text:
The Energy/Oil Crisis
-Situation whereby the demand for oil is higher than the amount that is being supplied leading to high oil prices.
-Usually portrayed as a question of price and supply uncertainties and the rapid depletion of fossil fuels.
-Its root cause is control of limited international resources by few countries and the inequitable pattern of resource distribution.