An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place, particularly those that supply national electricity grids or serve as fuel for vehicles. There has been an enormous increase in the global demand for energy in recent years as a result of industrial development and population growth. Supply of energy is, therefore, far less than the actual demand.
Read more about Energy Crisis: Causes, Historical Crises, Emerging Oil Shortage, Social and Economic Effects, Cultural References
Famous quotes containing the words energy and/or crisis:
“I say, stamping the words with emphasis,
Drink from here energy and only energy,”
—Stephen Spender (1909–1995)
“The age of puberty is a crisis in the age of man worth studying. It is the passage from the unconscious to the conscious; from the sleep of passions to their rage.”
—Ralph Waldo Emerson (1803–1882)