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Energy (from Ancient Greek ἐνέργεια (enérgeia) 'activity') is the quantitative property that is transferred to a body or to a physical system, recognizable in the capacity to do work and in the form of heat and light. Energy is a conserved quantity – the law of conservation of energy states that the total energy of an isolated system remains constant, although it can be converted in form. The unit of measurement for energy in the International System of Units (SI) is the joule (J).
Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive.
All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven primarily by radiant energy from the Sun. (Full article...)
At about the same time, OPEC members agreed to use their leverage over the world price-setting mechanism for oil in order to quadruple world oil prices, after attempts at negotiation failed. Due to the dependence of the industrialized world on OPEC oil, these price increases were dramatically inflationary to the economies of the targeted countries, while at the same time suppressive of economic activity.
This increase in the price of oil had a dramatic effect on oil exporting nations, for the countries of the Middle East who had long been dominated by the industrial powers were seen to have acquired control of a vital commodity. The traditional flow of capital reversed as the oil exporting nations accumulated vast wealth. Meanwhile, the shock produced chaos in the West, and shares on the New York Stock Exchange lost $97 billion in value in six weeks.

Photo credit: Charliebrown7034
Skyglow over New York City, one form of light pollution.
Fermi was well-known for his simplicity in solving problems. Whenever possible, he avoided complicated mathematics and obtained quick results based on order of magnitude estimates. Fermi also meticulously recorded his calculations in notebooks, and later used to solve many new problems that he encountered based on these earlier known problems.
After accepting the 1938 Nobel Prize in Stockholm, Fermi immigrated to New York with his family to escape the anti-Semitic laws of Fascist Italy, as his wife Laura was Jewish.
After working at Columbia University, Fermi went to the University of Chicago and began studies that led to the construction of the world's first nuclear reactor Chicago Pile-1 (CP-1). The first artificial, self-sustaining, nuclear chain reaction was initiated within CP-1, on December 2, 1942.
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