1973 oil crisis
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In October 1973, the Organization of Arab Petroleum Exporting Countries announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973
A father and son hold up their sign saying "Gas Stealers Beware, we're loaded for bear" during the Oil Crisis
Gasoline ration stamps printed by the Bureau of Engraving and Printing in 1974, but not used
Gas stations abandoned during the crisis were sometimes used for other purposes. This station at Potlatch, Washington, was turned into a revival hall.
A woman in Oregon uses wood in a fireplace for heat. An October 1973 newspaper headline before her tells of the community's lack of heating oil.
1979 oil crisis
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The 1979 oil crisis, sometimes referred to as the second oil crisis, refers to the drop in oil production in the aftermath of the Iranian Revolution that led to an energy crisis in 1979. Although the
1973 oil crisis
…and long-term effects on the global economy as well as on global politics. The 1973 embargo later came to be referred to as the first oil shock. A second oil shock occurred in 1979 in the aftermath of the Iranian Revolution. Following the Israeli Declaration of Independence in 1948, there has been conflict between…
A line at a gas station in Maryland, United States, June 15, 1979