The Energy Crisis

Paper Summary:

This paper discusses how the United States is currently experiencing the latest phase of what has been a thirty-year energy problem. With gas prices reaching an all-time high, as well as new evidence that reveals that gasoline use is actually bad for the environment, the United States must find some alternative way to meet its energy needs. The paper contends that Americans need to take responsibility for their part in this problem by accepting a steep gasoline tax along with a windfall tax on oil companies that could be used to fund research into renewable and sources of energy and how this drastic change in policy would return the United States to its rightful place as the world's leader in innovation and foresight.

From the Paper:

"In the 1970s, it became clear just how dependent the United States was on foreign sources of energy. In 1973, the United States intervened in the Yom Kippur War on the side of Israel resulting in an embarrassing defeat for the invading Egyptian and Syrian armies. This enraged the Muslim world and for the first time Saudi Arabia along with other OPEC nations decided to use their control over America's access to oil as a political tool. They imposed an oil embargo against the United States and its allies causing a worldwide energy crisis. President Jimmy Carter tried to create a new American energy paradigm. He urged Americans to conserve energy, saying that the U.S. needed to free itself from dependence on foreign oil. He had the White House installed with a wood burning stove and solar panels. "

Sample of Sources Used:

• "Big Oil's Big Windfall." (2006) New York Times. March 28. Section A, Page 16, Column 1.
• Friedman, Thomas. (2006) "Who's Afraid of a Gas Tax?" New York Times. March 1. Section A, Page 19, Column 5,
• Rector, Robert. (2006) "Personal Sacrifices Could Mitigate Gas Crisis." Pasadena Star-News. April 28. http://www.pasadenastarnews.com/opinions/ci_3759914

More papers on The Energy Crisis:

• Argumentative Essay # 2191 : "The Energy Crisis in California"
• Term Paper # 144858 : "Biofuels and the Energy Crisis"
• Essay # 89906 : "Enron and the California Energy Crisis"

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