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1973 Oil / Gas Crisis

What with our current situation in the Middle East with all the wars (Iraq, Afghanistan) and embargoes (Iran) and dictators being overthrown (Gaddafi) and revolution (Egypt, Syria) this seems like a good time to remind everyone of what happens when their addiction is ripped from their hot, sweaty hands.  Back in 1973, there was a CRAZY gas shortage!  According to our super secret top stealthy sources at Wikipedia:

The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of OPEC, plus Egypt, Syria and Tunisia) proclaimed an oil embargo. This was “in response to the U.S. decision to re-supply the Israeli military” during the Yom Kippur war.

Luckily, the embargo ended in March of the following year and Americans were free to suck on the petroleum crack pipe once again.  We’ve had it pretty good ever since (aside from a mild crisis here and there.)  But now, the prices are rising as are the tensions and it looks like scenes like this might be right around the corner.  A hearty and heartfelt Thank Ya! to Retronaut for running this story and reminding us of the crazy that was and that might be again.

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Quality Jones

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