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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 ...
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 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 ...
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.
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 ...
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