Oil Crisis

The oil crisis of 1973 grew out of the decision by OPEC to declare an oil embargo as a result of America`s decision to resupply the Israeli military during the Yom Kippur War. In the United States, it created a shortage of gasoline that resulted in long lines at service stations. The embargo lasted until March 1974, but although production returned to previous levels, prices shot up from $3 to $12 and never fell as low again.

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The Prize: The Epic Quest for Oil, Money, and Power by Daniel Yergin.
Daniel Yergin's first prize-winning book, Shattered Peace, was a history of the Cold War. Afterward the young academic star joined the energy project ...
How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present by Thomas J. DiLorenzo.
Here’s the real history of our country. How capitalism Saved America explodes the myths spun by Michael Moore, the liberal media, Hollywood, academia,...