By the early 1970s, American oil consumption—in the form of gasoline and other products—was rising even as domestic oil production was declining, leading to an increasing dependence on oil imported from abroad. Despite this, Americans worried little about a dwindling supply or a spike in prices, and were encouraged in this attitude by policymakers in Washington, who believed that Arab oil exporters couldn’t afford to lose the revenue from the U.S. market. These assumptions were demolished in 1973, when an oil embargo imposed by members of the Organization of Arab Petroleum Exporting Countries (OAPEC) led to fuel shortages and sky-high prices throughout much of the decade. Background to the 1970s Energy Crisis In 1948, the Allied powers had carved land out of the British-controlled territory of Palestine in order to create the state of Israel, which would serve as a homeland for disenfranchised Jews from around the world. Much of the Arab population in the region refused to acknowledge the Israeli state, however, and over the next decades sporadic attacks periodically erupted into full-scale conflict. One of these Arab-Israeli wars, the Yom Kippur War, began in early October 1973, when Egypt and Syria attacked Israel on the Jewish holy day of Yom Kippur. After the Soviet Union began sending arms to Egypt and Syria, U.S. President Richard Nixon began an effort to resupply Israel. Did you know? The United States alone consumes about 20 million of the roughly 100 million barrels of oil consumed daily in the world. In response, members of the Organization of Arab Petroleum Exporting Countries (OAPEC) reduced their petroleum production and proclaimed an embargo on oil shipments to the United States and the Netherlands, the main supporters of Israel. Though the Yom Kippur War ended in late October, the embargo and limitations on oil production continued, sparking an international energy crisis. As it turned out, Washington’s earlier assumption that an oil boycott for political reasons would hurt the Persian Gulf financially turned out to be wrong, as the increased price per barrel of oil more than made up for the reduced production.
The farmers movement as, in American political history. In this movement, there were three periods, popularly known as the Grange, Alliance and populist movements. The labor movement consists of two main wings: the trade union movements and the labor union movement, which is the American English also related to the farmers movement. Mark brainliest??
WW2 Axis powers had enough successes early in the war to make dramatic gains in the European and Pacific theaters of war, but enough failures to doom themselves to ultimate defeat. ... Hitler invaded Poland on 1st September 1939 and Britain and France declared war on Germany two days later.
The main way in which the principles of humanism and the Protestant reformation were similar is that they both start putting emphasis on the individual, as opposed to a divine group.