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Most definitely. The crisis occurred when, in response to US support of Israel in the Yom Kippur war, Arab oil producers cut back supply of oil to the US, and increased oil prices fourfold overnight. In October 1973, the oil crisis actually sparked a number of legislation changes in the US. Practical legislation to help improve fuel economy was enacted: this included imposing a highway speed limit of 55mph, and allowing motorists to turn right on a red light to minimise unnecessary idling. In November 1973, Nixon also called for a ban on gasoline sales on Sundays, a ban which lasted until the crisis was resolved in March 1974.
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What would the US do if has a shortage of oil resereves?
if a real oil shortage occured America would design a way to make cars and oil burners run on something. i say this should have been done 30 years ago during the 1st oil shortage. but sadly too many people are getting quite rich off of oil. a car can be made to run on anything that can combust same with an oil burner
Americans had to conserve oil in 1973 because of what?
an embargo from Arab countries, created shortage
What triggered the oil crisis of the 1970s?
The OPEC oil embargo.
Was there a serious shortage of money in America after the war?
yes
Was a factor that created oil shortages in the US during the 1970s?
oil embargo
What is the richest resource in Iran?
Iran has capital resources that include oil. In addition, you can find this out by past historical subjects that include the oil crisis of America during the 1970s.
What is stagflation in the 1970s most associated with?
the oil embargo
What problems does education face in Central America?
Shortage of trained teachers, a high dropout rate, and a shortage of secondary schools
What are world issues?
issues that concern the entire world, such as world wars, gold shortage, oil shortage, if there was a problem with the atmosphere, etc.
Americans had to conserve oil in 1973 because of?
Americans had to conserve oil in 1973 because of _______.
What was the nickname of the Dallas Cowboys in the 1970s?
The defense in the early 1970s was known as "Doomsday." The defense in the late 1970s was called "Doomsday II."
Stagflation in the 1970s is most associated with?
The oil embargo
