Heartland

Remembering the 1973 Arab Oil Embargo

This fall marks the fortieth anniversary of the Arab oil embargo, a painful episode in American history that had a profound effect on both the economy and psyche of the United States. It began in ...
Heartland

50 Years After the Oil Embargo Crisis of 1973, No American Policy for Energy Independence

America continues to increase its energy dependence on China for “green”, and on OPEC and Russia for oil. The oil embargo of 1973 imposed by the Organization of Petroleum Exporting Countries (OPEC) ...
Boston Herald

Middle East crisis could disrupt oil supplies, raise prices, but 1973-like gas pump lines unlikely

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don’t expect a repeat of the ...
Forbes

Despite Echoes Of 1973, This Is Not Your Father’s Oil Crisis

TOPSHOT - Rockets fired by Palestinian militants from Gaza City are intercepted by the Israeli Iron Dome defence missile system in the early hours of October 8, 2023. Fighting between Israeli forces ...
Seeking Alpha

Peak Fracking, 1.3 To 2 Times The 1973 Oil Embargo

EIA Forecast: 1.4 million barrel per day (mb/d) decrease by 2017. The 1973 Oil Embargo was 1.2 mb/d. Trend is for 1.3 to 2 times the harm of the 1973 Oil Embargo. Following is an effort to explain why ...
Wall Street Journal

Echoes of the 1973 Oil Crisis

The attack on Israel on the 50th anniversary of the Yom Kippur War should remind us of another anniversary: the 1973 Arab oil embargo. The war began on Oct. 6, and the Organization of the Petroleum ...
WRAL

Saudi Arabia has 'no intention' of repeating 1973 oil embargo

Saudi Arabia has rejected suggestions that it may restrict global oil supply in response to international pressure over the death of journalist Jamal Khashoggi at its consulate in Istanbul. Asked ...
WRAL

'I was behind it.' The man responsible for the 1973 oil shock has died

Ahmed Zaki Yamani, the long-serving Saudi oil minister who masterminded an OPEC embargo that plunged western economies into recession in 1973, has died at the age of 90, Saudi state TV reported on ...
Bloomberg L.P.

For Oil, It’s Not 1973 Again – But It Could Still Turn Ugly

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” History doesn’t ...
FOX59 News

Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Fifty years after the 1973 ...
NBC Chicago

Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don't expect a repeat of the ...