History shows oil shocks are followed by recessions – will it be any different this time?

History shows oil shocks are followed by recessions – will it be any different this time?

Ireland remains highly dependent on fossil fuels despite experiencing previous oil crises

The first oil crisis of my lifetime was in the mid-1970s and it revolves around a hazy memory of the Rumble in the Jungle. Fought in Kinshasa (then in Zaire, now the Democratic Republic of Congo), th… [+6824 chars]
History shows oil shocks are followed by recessions – will it be any different this time? - FHMnews