Energy: The Seven Lean Years

There is no quick fix for the Everything Crisis caused by energy prices

Once more the stage is set, the actors are in place and the grimly familiar ritual is preparing to play itself out. The price of oil is rising once again. Like a waking nightmare that seems never to end, the energy crisis of leaping prices, dwindling supplies and multiplying miseries goes on and on.

In all the sweep of postwar history, no event, no issue, no political or social process has more profoundly shaken the established world order, or brought about more...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!