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 ...

On Dec. 23, 1973, cars formed a double line at a gas station in New York City. The Arab oil embargo caused gas shortages nationwide and shaped U.S. foreign policy to this day.

It began in mid-October 1973, following the US decision to resupply Israel with weaponry after Egypt and Syria launched a surprise attack on Yom Kippur, the holiest day of the Jewish year. In response ...

The 1973 embargo was one of those moments when the world changed. U.S. crude oil production had peaked in 1970, starting a multidecade slide and strengthening the hands of the Arab oil producers.

The 1973 Arab oil embargo was one of the defining moments of modern history. To many, it foretold a new age of limited growth and American retreat. In truth, it demonstrated the ability of free ...

The global economy isn’t about to suffer another Arab oil embargo that would triple the price of a barrel of crude. Yet, it would be a mistake to downplay the chances that the world faces higher ...

The embargo led to long gas lines and shaped U.S. foreign policy to this day. However, the world energy market has changed dramatically over the past four decades, and the U.S. now gets less than ...

1973 embargo shaped energy policy. The 1973 embargo was one of those moments when the world changed. By Darren Goode 10/14/2013 11:15 PM EDT. Updated: ...

On Dec. 23, 1973, cars formed a double line at a gas station in New York City. The Arab oil embargo caused gas shortages nationwide and shaped U.S. foreign policy to this day.

Saudi Arabia was a leading proponent of the 1973 embargo. For many Americans, Saudi Arabia was the symbol of the wealthy Arab monarchies that were inflicting so much pain on the U.S. Yet today, Saudi ...