I analyze petroleum economics and energy policy. LONG BEACH ... had pursued aggressive expansion of oil production after the 1973 Oil Crisis, but after his fall, the new government argued that ...

Llewellyn King has been a player in the energy space since 1970. It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating action was the ...

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 ...