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 ...

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 ...

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.

Ever since the 1973 oil crisis, when Middle Eastern countries refused to sell oil to the United States as punishment for backing Israel in that year’s Arab-Israeli war, the American political ...

Needless to say, the similarities with the first oil crisis in 1973 will suggest to many that a new oil price spike will occur, but this is not your father’s (or mother’s) oil crisis.

In 1973, the world experienced a major turning point in automotive history. The Organization of Petroleum Exporting Countries (OPEC) decided to tighten the flow of oil to the United States, triggering ...

AMERICA OUT OF GAS: Unreal Images From The 1973 Oil Crisis. ... Imported gasoline was sold at this service station during the fuel crisis in the fall and winter of 1973-74.

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. Though not the exact same dynamics, ...

Today’s stock market is so overvalued that it won’t take much of a piece of straw to break the camel’s back — much less an ...

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 ...

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 ...