In conclusion, by examining the rise and fall of the seven sisters, OPEC, and neo-liberalism, it is evident that in response to global energy changes, the balance between the power of the state and the power of the market is constantly in turbulence when it comes to energy, and it always will be. There will always be paradigm shifts when it comes to oil, and it can be predicted based on history when they will occur. These shifts are good and bad they are opportunities for new political voices to come to power, yet they are also interesting because clearly the energy paradigm shifts are a cycle from privatization to government intervention.
a. True
b. False