The Day America Ran Out of Gas
Curious Minds One i
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The Day America Ran Out of Gas
105 просмотров · 5 дней назад
Curious Minds One i
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105 просмотров · 5 дней назад
In the winter of 1973, Americans waited two hours in line for gas, and many drove away with nothing. The oil had not run out. A handful of countries had turned off the tap.
This is the story of the 1973 oil embargo: how a war in the Middle East quadrupled the price of oil in three months, crashed Wall Street, and put America on odd-even gas rationing. It is also the story of what America built so it could never happen again, from the petrodollar deal with Saudi Arabia to a stockpile of oil hidden in salt caves on the Gulf Coast.
And 53 years later, with the Strait of Hormuz closed in 2026, that stockpile was put to the test.
0:00 The winter of 1973
0:35 The Weapon
1:38 Four Times the Price
2:32 The Lines
3:30 The Deal
4:24 Never Again
5:28 Fifty-Three Years Later
Sources: "1973 oil crisis" (Wikipedia, with its cited primary sources); U.S. Energy Information Administration (gasoline prices, SPR inventory, 2026 outlook); U.S. Department of Energy, SPR Quick Facts; International Energy Agency statements on the 2026 disruption; Fortune, "Less than 300 million barrels left" (August 2026).
#OilCrisis #History #Economics