answersLogoWhite

0


Best Answer

Oil prices in the U.S. increased, and there was high inflation

User Avatar

Wiki User

9y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

Oil embargo affected the US in a few ways. The main way the US was affected by OPEC.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did the oil embargo affect the United StatesIn 1973 Arab oil-producing countries enacted an oil embargo and refused to sell oil to the US?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about General History

What is an embargo on oil and other supplies?

According to this online encyclopedia: An embargo is usually enacted in order to force another nation to do something or to stop doing something. MrV ban the publication of (documents), as for security or copyright reasons; "embargoed publications"


Why did the us impose the embargo act of 1807 upon great Britain?

The Embargo Act of 1807 was enacted against France and the United Kingdom. Congress passed it because those nations violated United States' neutrality during the Napoleonic Wars.


Who was angry with the passage of the Embargo Act of 1807 and why?

despite the fact that they were leaders in the revolution, New England was the most angry because most people there were involved in the maritime industry (eg:shipbuilding, sailors) with the embargo act, thousands of New Englanders lost there jobs, and during the war of 1812 sided with the British and almost made a new nation.


What were the original intentions and actual results of Jefferson's embargo?

Jefferson instituted the embargo of 1807 in response to the impressment of American sailors by Britain. Outraged, Americans called for a war with Britain. The embargo was enacted as a chastisement of Britain and France to force them to respect American neutrality, cease impressment and end the attacks on American ships. The result, however, was an economic disaster for the United States, which resulted in great wins by the opposing Federalist party.


When was the 13th 14th and 15th amendments enacted?

they were enacted after the civil war as one of the reconstruction amendments. the date it was adopted was July 9, 1868.

Related questions

To gain power over the north what did the south do?

Enacted a cotton embargo


Attempt to gain power over the north what did the south do?

Enacted a cotton embargo


What did the south do in an attempt to gain power over the north?

Enacted a cotton embargo


In attempt to gain power over the north what did the south do?

Enacted a cotton embargo


Did the Embargo act work?

No, it proved costly for the United States. In an effort to remain neutral during the war between Britain and France, Jefferson enacted the Embargo Act of 1807 which prohibited American ships from trading in all ports. In retaliation, France and England enacted laws prohibiting trade with neutral countries. French and British ships also began seizing American ships.


What is an embargo on oil and other supplies?

According to this online encyclopedia: An embargo is usually enacted in order to force another nation to do something or to stop doing something. MrV ban the publication of (documents), as for security or copyright reasons; "embargoed publications"


Why did the us impose the embargo act of 1807 upon great Britain?

The Embargo Act of 1807 was enacted against France and the United Kingdom. Congress passed it because those nations violated United States' neutrality during the Napoleonic Wars.


What goal did president roosevelt hope to achieve when he enacted the embargo on naval an aviation supplies in 1940?

to stop Japanese expansion


Who was angry with the passage of the Embargo Act of 1807 and why?

despite the fact that they were leaders in the revolution, New England was the most angry because most people there were involved in the maritime industry (eg:shipbuilding, sailors) with the embargo act, thousands of New Englanders lost there jobs, and during the war of 1812 sided with the British and almost made a new nation.


What were the original intentions and actual results of Jefferson's embargo?

Jefferson instituted the embargo of 1807 in response to the impressment of American sailors by Britain. Outraged, Americans called for a war with Britain. The embargo was enacted as a chastisement of Britain and France to force them to respect American neutrality, cease impressment and end the attacks on American ships. The result, however, was an economic disaster for the United States, which resulted in great wins by the opposing Federalist party.


When was The Embargo created?

The Embargo Act was a law of Banning Trade with all foreign country's, because the British kept impressing (kidnapping) American merchants that were trading with France and Britain while they were at war.


What goal did president Roosevelt hope to achieve when he enacted the embargo on naval and aviation supplies I'n 1940?

to stop Japanese expansion