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Honda Planned a Mid-Engine V8 NSX Predecessor But the ’70s Oil Crisis Killed It. If Honda's legendary sports car had come out about 15 years earlier, it'd probably look something like this.
The energy crisis of 1979 was one of two oil price shocks during the 1970s—the other was in 1973. Higher prices and concerns about supplies led to panic buying in the gasoline market.
The oil-crisis in 1971 meant kids roller-skated on highways during car-free Sundays due to petrol not being available. Denmark had to diversify energy generation to stay warm.
The "Dr. Doom" economist said crude prices could spike if Israel and Iran go to war. Roubini has previously warned that an oil spike could spark a 70s-style stagflation crisis. The economy could ...
The nation was already dealing with gasoline shortages when Arab nations in 1973 imposed an oil embargo on the United States. Throwback Tulsa: ‘70s energy crisis brought gas rationing, 55 mph ...
Roubini has previously warned that an oil spike could spark a 70s-style stagflation crisis. The economy could see another 1970s-style oil shock if conflict in the Middle East escalates, according ...