Who cares? Jimmy Carter is a moron. Especially in economics. Ask your father about how Jimmy Carter handled the first "oil crisis". The only possible value in getting Jimmy Carter's opinion on the current situation to determine exactly what not to do about it.
During the oil crisis in the USA there was shortage of fuel. Jimmy Carter's response was to request that the nation conserve fuel. He put on a sweater and announced on TV that he was turning his thermostat down to 55. He also got Congress to enact the Crude Oil Excess Profits Tax, actually an excess tax on crude oil.
The U.S. DOE was founded in 1977 by Jimmy Carter after the Oil Crisis of that year
During the oil crisis in the USA there was shortage of fuel. Jimmy Carter's response was to request that the nation conserve fuel. He put on a sweater and announced on TV that he was turning his thermostat down to 55. He also got Congress to enact the Crude Oil Excess Profits Tax, actually an excess tax on crude oil.
The Department of Energy was started in 1977 by the Carter administration in response to the oil crisis.
he felt the united states was to dependant on forgien oil
The Iran hostage crisis was a diplomatic crisis between Iran and the United States where 52 Americans were held hostage for 444 days from November 4, 1979 to January 20, 1981, after a group of Islamist students and militants took over the American Embassy in Tehran in support of the Iranian Revolution.
President Carter attempted to solve the energy crisis by establishing the National Energy Act.
he felt the united states was to dependant on forgien oil
The word is "embargo", it means trying to stop the flow of some form of goods, in this case oil, from one place to another. I would put Carter "oil embargo" in Wikipedia if I were you. It is a terrific place to begin researching a topic, but let me give you a hint- don't let it be the only place you check!
High inflation during the 1970s. This is the correct Gradpoint/Novanet answer. ~Chris
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