The 1973 Oil Crisis
45 years ago this week was the start of the oil crisis. But has America learned much in that time? It's debatable.
OPEC OIL EMBARGO – 1973.
43 years ago today.
"Good evening. The Middle East war produced developments all over the world today as the oil-producing countries of the Arab world decided to use their oil as a political weapon they will reduce oil production by 5% a month until the Israelis withdraw from occupied territories."
