What do you remember of the 1973 oil crisis? In 1973, the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of OPEC, plus Egypt,Syria and ...

The oil embargo of 1973 was a major event in the history of the United States. It led to a recession in the United States and other countries. It also led to thoughts of a needed energy policy in the ...

Though not the exact same dynamics, the current increase in gas prices does hold some similarities to the oil crisis of 1973. To stream WFAA on your phone, you need the WFAA app. Download the WFAA app ...

Ed Karrens: The fuel shortage which started in 1973 was only half of the energy crisis story. Blackouts and brownouts were a definite possibility if people didn't conserve electricity.

Though not the exact same dynamics, the current increase in gas prices does hold some similarities to the oil crisis of 1973. Though not the exact same dynamics, ...

Needless to say, the similarities with the first oil crisis in 1973 will suggest to many that a new oil price spike will occur, but this is not your father’s (or mother’s) oil crisis.

The plan was to use oil as a weapon against Israel. Israel won the ground war after initial setbacks, with the assistance of $2.2 billion in emergency aid from the United States.

In 1973, the United States was a crude oil importer. ... could be wise to consider that America’s crude oil import balance isn’t all that different than it was ahead of the 1973 oil crisis.