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en This is similar to the 1970s when there was a permanent readjustment in oil prices.

en There has been a permanent shift in consumers' minds as far as gas prices goes. The sustained nature of gas prices has changed how people buy.

en The impact of $60 oil prices in 2006 is very different indeed from the impact of high oil prices in the 1970s or 1980s. Energy is becoming a less important part of the global economy. Oil expenditure is currently about two percent of US gross domestic product, one quarter of what it was in 1980.

en The last time before this time was in the 1970s, when people thought we were going to fall off the oil mountain and live in an age of permanent shortage. Since then, world supplies have increased 60 percent. I don't see why we're at the end of technology now, or why it would be finished now.

en Historically, some of [the] deepest recessions have been rooted in large and persistent reductions in the supply of oil. The basic problem is that when oil prices rise, businesses have to raise their output prices. This can lead to a period of high inflation and high unemployment, what was referred to in the late 1970s as stagflation.

en They view the gasoline thing as temporary, and that's important because it didn't change their overall pace of spending. And that's a different kind of psychology. If it was a permanent increase in gasoline prices, then you would have expected consumers to make a more permanent adjustment downward in their spending and saving rate.

en I don't expect a conflict with Iran to be long or involved. And so, any inventory accumulation that boosts prices in the short-run could lay the groundwork for weaker prices down the road. I doubt the increase in stock levels is permanent.

en We would like to have a permanent injunction to avoid future litigation should any similar claim come up any time after April 30. A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. We would like to have a permanent injunction to avoid future litigation should any similar claim come up any time after April 30.

en They have very similar attitudes. I see authoritarianism in them both. they think they possess the absolute truth and are in permanent conflict with capital.

en If this leads to the shut-off of Iranian oil, I think it would probably mean we've got bigger problems than the price of oil. But if we end up with a 1970s-style oil embargo, we could see prices go markedly higher into uncharted territory.

en Those of you who lived through the 1970s will remember that higher oil prices touched off a wage-price spiral that pushed inflation into double-digit territory.

en We have not been willing to believe that the spike we'd seen in commodity prices was permanent.

en Unlike in the United States, where it feels like high prices are going to last forever, in the Middle East, the feeling is that it will not last. So how do you avoid the problems of the 1980s that followed the boom of the 1970s?

en Damage similar to that caused by Ivan will push oil prices above $75. It took more than six months to restore production after Hurricane Ivan. Crude oil prices increased by more than $10 within a month.

en Middle East nations are getting more petro-dollars as (oil) prices rise, and they're not putting it back into paper assets. They're trying to protect the value of their profits -- just like in the 1970s -- so they're buying gold.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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