In 1973, in the face of a debilitating energy crisis, President Richard M. Nixon lit a National Christmas Tree sporting just a single light — and asked Congress to grant him authority to curtail ...

STORY: Soaring energy prices, a cost-of-living crisis and rising worker unrest,history looks like it is repeating itself in Britain as the country grapples with an economic crisis that bears ...

In 1973, politicians across Europe feared they were witnessing the end of the era of cheap energy. And much like today, leaders initially hoped to manage the crisis through European integration.

The last energy crisis happened for a few reasons. Everyday folks could afford new energy-hungry conveniences like air ...

Energy: A Matter Of Choices (1973) Posted: March 22, 2025 | Last updated: March 22, 2025. The film discusses the energy consumption patterns in the United States, highlighting that while the ...

Toyota's humble Corolla keeps its focus on the entry-level, with a limited-edition FX trim bringing a nod to the past.

The idea may sound unbelievable in 2023. But the need for an oil refinery in Maine seemed obvious to many in 1973 when, 50 years ago next month, the state received a startling wakeup call.

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 ...

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) ...

The gas shortage of a half-century ago still has U.S. politicians chasing the chimera of energy independence. A better solution: integrated, transparent global markets ...

Jaffe, an energy expert at New York University, recalled that to Americans in 1973, the idea that there suddenly wasn’t enough gas to go around was shocking. “The automobile was king,” she said.

An Associated Press survey showed that market basket prices were an average of 13% higher than early in 1973. The cost of grocery staples jumped in early 1970s. ... This caused the energy crisis.