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the energy crisis of the 1970's
Essay specific features


Written by:
Cecil J
Date added:
November 5, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1181
Was viewed:
7264 times
Essay content:
At this time Israel was having problems fighting Egypt in the Yom Kippur War. Not long after the start of the war, OPEC announced that they would be inflicting an oil embargo on any country that was aiding Israel in the conflict. Among the few countries that were effected, the United States suffered greatly...
displayed 300 characters
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Among the few countries that were effected, the United States suffered greatly.
The impact of the embargo was drastic and had an immediate effect on the economy. In the United States, the retail price of a gallon of gasoline rose from a national average of 38.5 cents in May of 1973 to 55.1 cents in June of 1974...
displayed 300 characters
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