Oil crisis vs oil shock

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Looking on the internet deeply has found these results:

oil crisis is the most popular phrase on the web. 

oil shock

1687,000 results on the web

oil crisis

11,370,000 results on the web

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Some examples and use cases from the internet:

Some examples and use cases from the internet:

  • Moreover, for many of these countries, this is the first slowdown since the first oil shock in 1973 in which the automatic stabilisers have been able to work fully.
  • In the mid
  • A worldwide "oil shock" occurred in 1973 as OPEC producers conspired to drive up the price of petroleum.
  • round effects refer to the possibility that, in addition to direct effects, an oil shock may have an impact on inflation if it influences wage bargaining and price
  • Second
  • Business wasn't that great when I left home... but the factory nearly went bankrupt because of the oil shock.
  • If we look at the history we see very rapid action following the oil shock in 1973.
  • setting behaviours.
  • Ever since the first oil crisis in 1973 biomass has been considered as an alternative to fossil fuel as a source of energy.
  • In view of the above, what measures is the Commission taking to prevent a possible new oil crisis in Europe?
  • Moreover, the developing oil crisis makes it necessary to find alternative forms of energy and become independent of oil.
  • Summit of 1971 = it is the oil crisis.
  • He said it is important to avoid the errors made after the first oil crisis in the 1970.
  • The oil crisis in the early 1970s highlighted the problem of dependence on external fuel supply.
  • Subject: Risk of an oil crisis
  • Choice made by the oil crisis of the 70s.

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