The so-called “Big Beautiful Bill” has now been approved by both chambers of Congress; all it needs now is Trump’s signature ...

The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...

Washington’s oil market hubris risks repeating the mistakes of the past — and threatens national security as well. Fifty years ago, the United States learned a painful lesson about the cost of oil ...

Gas prices today can often drive motorists crazy. However, back in the 1970s, there was a shortage of gas to go around.

Last Updated on June 30, 2025 by Matt Staff The 1970s oil crisis hit everyone with the gravity of an empty-tank warning light ...

Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often higher in a crisis, but also change more rapidly and by larger amounts.