1973, in which he outlined his plans to reduce national energy consumption and called on U.S. citizens to follow his lead in achieving energy independence. In his speech, Nixon acknowledged that the ...

The 1973 embargo produced numerous immediate effects. One of the ... States into the world’s largest oil producer. Currently, America’s strong energy industry makes it less vulnerable to foreign ...

In 1960 America imported only 10% of the oil it consumed. But as demand and costs of domestic production rose, imports became cheaper. By 1973, on the eve of the crisis, total oil imports had ...

the implementation of the Clean Air Act and the oil crisis. While not connected, they both had profound effects on consumer tastes and industry products that swiftly changed the world of cars.

The consequences could mirror those of 1973, but on a scale that would resonate far beyond oil markets. This is not merely conjecture. One should consider the cascading effects of even minor ...

The Pinto preempted the economy-focused shift in American car manufacturing as a result of the 1973 oil crisis. It was actually the threat of a foreign compact takeover that made then VP of Ford's ...

and consumers were feeling the effects of the Organization of Petroleum Exporting Countries’ 1973 cuts in oil production. The ...

On the eve of the 50th anniversary of the world’s first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A surprise attack on Israel and oil prices rising.

In 1973, in the face of a debilitating energy crisis, President Richard M ... of Arab Petroleum Exporting Countries had launched an oil embargo, leading to long lines at gas stations and shocks ...