Exactly.
I wrote about this stuff here, but this article is from Flashbak.com:
America (and a handful of other nations) had helped Israel in the Yom Kippur War and now the Arabs were, naturally, pissed. So, they banded together via OPEC and hiked oil prices, delivering an economic bitch slap to the U.S. Almost overnight, oil prices QUADRUPLED…. Yes, you read that right.
Add to this problem, there became a shortage – with 20% of gas stations completely sold out in 1974. This scarcity led to government enforced rationing – for instance, you could only fuel-up on certain days according to your license plate number. The rationing actually led to incidents of violence and fair degree of panic among the population. Truckers, who obviously rely on fuel to earn a living, were none too pleased. Strikes ensued.
Like 99% of retro/vintage sites, Flashbak combines wonderful content with asinine opinion.
Example:
By the time the 1970s rolled around, tensions were still thick. Can your mind even comprehend seeing on your television news a troupe black men bearing fully automatic weaponry declaring war on the white man? That’s exactly what occurred. Today, we’d probably initiate drone attacks. But in the 70s, it just blended in with the cornucopia of unrest.
This time I had to leave a comment, plus a link to this — and a link to this – the photo was taken in August of this year:
