6 Pivotal Sector Rotations During the Oil Crisis that Redefined Modern Investing

3. The Emergence of Alternative Energy

The oil crisis sparked a renewed interest in alternative energy sources. Investors began to see the potential in sectors such as solar, wind, and hydroelectric power. These sectors saw a significant increase in investments, leading to advancements in technology and a reduction in costs. This shift marked the beginning of the green revolution in the energy sector.