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The Cold War was the war between United States and Soviet Union following the WWII. After the defeat of the axis powers and the fall of Hilter, the Soviet Union possessed the world's largest enemy. The US possessed the most powerful weapon in the atomic bomb, which had just been dropped on Hiroshima and Nagasaki to defeat Japan. Both nations had allied with one another in the war to defeat their common enemy but this was merely a front to mask the contempt both had for one another. The cold war was the term used to describe the antagonism between democratic America and communist Soviet Union (Russia). While there was never any armed notion of conflict between both nation, the cold war was the battle of ideologies and was waged in nations all over the world between proxy nation. The US goal was to spread democragy throughout the world and Soviet Union's goal was to spread communism.
Answer:The point at which oil demand will peak has long been a focus of debate. bp chief economist Spencer Dale and Bassam Fattouh, director of The Oxford Institute for Energy Studies, argue that this focus seems misplaced. The significance of peak oil is that it signals a shift from an age of perceived scarcity to an age of abundance – and with it, a likely shift to a more competitive market environment↑
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