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1973 Oil Crisis
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1973 Oil Crisis


The Arab oil embargo of 1973 gave the fast food industry a bad scare, as long lines at gas stations led many to believe that America’s car culture was endangered.
Eric Schlosser  --  Fast Food Nation
  sudden decrease in available oil and increase in price when OPEC restricted the supply of oil and refused to sell oil to nations that had supported Israel in its conflict with Syria and Egypt
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1973 Oil Crisis Oil Embargo of 1973 Oil Crisis of 1973 1973 Oil Embargo
Notes:
The embargo effectively doubled the price of crude oil in the United States.
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  • The Arab oil embargo of 1973 gave the fast food industry a bad scare, as long lines at gas stations led many to believe that America’s car culture was endangered.
    Eric Schlosser  --  Fast Food Nation
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Associated words [difficulty]:   1973 Oil Crisis [9] , Arab-Israeli conflict [9] , Abu Ghraib [8] , Iranian Revolution [8] , Arab-Israeli conflict [9] , Iran hostage crisis [9] , Iran-Iraq War [9] , intifada [9]
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Most commonly used in these subjects:   Public Policy & Politics, History, Business, Engineering, Science
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