Nixon: "Because of that war, most of the Middle Eastern oil producers have reduced overall production and cut off their shipments of oil to the United States ... started in 1973 was only half ...
But the nuclear family has steadily eroded over the last 50 years. The first major death knell came with the 1973 oil crisis and the two-year recession that followed, which signaled the end of the ...
The 1973 oil crisis began when Arab producers led by ... the Netherlands, Britain and the United States. Oil prices spiked on the move, as they did later in 1979 because of the Iranian revolution.
Today, nearly 95 percent of the oil imported by Japan comes from the Middle East, exceeding the figure of 77.5 percent during the 1973 oil crisis ... pressure on the United States and other ...
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