America’s potential energy future

Goodbye OPEC, Hello Independence

By Marita Noon —— Bio and Archives--October 21, 2013

Global Warming-Energy-Environment | Comments | Back To Full Article

October 17 was the fortieth anniversary of the oil embargo slapped on America by the Organization of Petroleum Exporting Countries (OPEC). That action changed the entire geopolitical map—taking the power from the United States and giving it to the Middle East. As a result of the embargo, the price of gasoline quadrupled, gas stations had multi-hour long lines, and the stock market plummeted—kicking off a serious recession.

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