The year of 1973 marks one of the most important turning points in the history of the twentieth century. Prior to 1973, the world had become accustomed to a plentiful supply of inexpensive fossil fuels: coal, petroleum, and natural gas. Developed...

The 1973 oil crisis began on October 17, 1973, when the members of Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of OPEC plus Egypt and Syria) announced, as a result of the ongoing Yom Kippur War, that they...

AS THE SUMMER OF 1973 SET IN, THE PETROLEUM marketing industry was already experiencing the first tremors of a dynamic change. Throughout the 1950s and 1960s, supply had been abundant to the point of glut, and prices were in the basement. However, at...

Byline: Ron Scherer Staff writer of The Christian Science Monitor NEW YORK -- Could the world be about to face a real-life sequel: Oil Embargo II? The prospect of oil prices being driven by the deployment of Israeli tanks and the...

It's 1974 and you're almost out of gas. Thanks to the oil crisis, a fill-up will be expensive, and might involve waiting in line — but at least those government gas rationing coupons haven't gone into effect.Gas rationing coupons?Whether or not you have memories of...