U.S. Gas Crisis 1973-1974
In October 1973, an oil crisis began after the Organization of Arab Petroleum Exporting Countries (OAPEC) instituted an oil embargo on the United States. At first the U.S. began to ration oil, which caused long lines at the pump. By March 1974, when the embargo ended, the price of oil had increased by 300%. This was known as the "first oil shock" for the U.S., and the 1979 oil crisis was coined the "second oil shock."
Some analysts have said that the 1973 oil embargo and the 1979 second oil shock influenced policies and the U.S. attitude toward oil consumption over the long term by increasing the importance of energy conservation and the exploration of alternative energy. However, our present-day 2022 prices at the pump and the cost of diesel would argue otherwise.
For availability and licensing inquiries,
please contact: https://www.globalimageworks.com/contact
Ref: Gas crisis 1974
Смотрите видео U.S. Gas Crisis 1973-1974 онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь King Rose Archives 11 Ноябрь 2022, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 52,933 раз и оно понравилось 770 людям.