The Future of the Economy

There are areas to go to for energy resources, such as the lifeline in certain countries and the Arctic/nDemand destruction is expected due to the inability to handle high energy prices/nThe cost of energy getting more expensive can hurt the profit of businesses and drag down the economy/nInsufficient energy supply will lead to increased prices and demand destruction, preventing economic recovery/nPrice controls in the 1970s contributed to the energy crisis and economic downturn/nProper fiscal and monetary policies can mitigate the impact of higher energy prices/nThe strategic petroleum reserve may impact the oil market in the future