Imported Gasoline Was Sold at This Service Station, During the Fuel Crisis in the Fall and Winter of 1973-74. It Was as Much as Twice the Price of Domestic Gas and There Were Few Customers at First.

The oil shock of October 1973 is the story of America’s surrendering its energy independence, with dangerous consequences. It has disturbing parallels today. In 1960 America imported only 10% of ...

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.

I n the mid to late 1960s, Ford was one of the most serious players in the U.S. auto market, cornering nearly 30 percent in 1966. Quite a bit of Ford's success at the time can be attributed to ...

The Israel-Hamas conflict has revived memories of the Yom Kippur War that sparked the 1973 oil crisis. Deutsche Bank’s strategists even warned this week that the odds of 1970s-style stagflation ...

Although the current Mideast crisis appears similar to the 1973 events that caused the first Oil Crisis, many things have changed so that a repeat is unlikely. Newsletters Games Share a News Tip.

This is comparable to the peak in 1974 during the first oil crisis (11.1%). There are only two years since 1920 with higher inflation rates: 1947, during WWII (14.4%), and 1980, during the second ...

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 ...

A repeat of the 1973 oil crisis clearly isn’t currently under way, but that outcome still isn’t out of the realm of possibilities if the Israel-Hamas conflict escalates.

The Ford Granada is perhaps the best model out of Detroit to epitomize the fall from grace that American cars had after the 1973 oil crisis. Curbside Classics even went as far as crowning the 1975 ...