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In what ways did the energy crisis of the 1970s foreshadow the global energy issues of the following century?

In what ways did the energy crisis of the 1970s foreshadow the global energy issues of the following century?

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In what ways did the energy crisis of the 1970s foreshadow the global energy issues of the following century?

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There was an increasing trend of importing oil in the wake of increasing oil consumption of the US during the late 20th century. Declining domestic production did not deter them from this large-scale export from Arab countries. This was in line with the belief that Arab oil exporters themselves were dependent on the US market. 

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