There were three pernicious effects from these errors ... had pursued aggressive expansion of oil production after the 1973 Oil Crisis, but after his fall, the new government argued that he ...

and consumers were feeling the effects of the Organization of Petroleum Exporting Countries’ 1973 cuts in oil production. The U.S. was in the midst of a full-blown energy crisis, with Middle ...

exceeding the figure of 77.5 percent during the 1973 oil crisis, when oil prices soared and costs were felt in areas far from the energy sector. “Japan needs to revisit the lessons it learned ...