In 1982 we had just emerged from the decade where the 1973 Yom Kippur War oil crisis and the 1979 Iranian Revolution oil shock has us waiting in line for gasoline and filling only on odd/even days depending on whether we had odd or even license plates.
People were interested in producing more oil, not less. Even the Club of Rome could not get much traction with its "Limits to Growth" reports. It was also the middle of the Cold War and oil is a vital military supply - the Department of Defense is a huge consumer of refined oil products.
People were interested in producing more oil, not less. Even the Club of Rome could not get much traction with its "Limits to Growth" reports. It was also the middle of the Cold War and oil is a vital military supply - the Department of Defense is a huge consumer of refined oil products.