Embargo: The 1973 Oil Crisis That Changed the World (And What We Can Learn from It Now)
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The first and definitive account account of how the 1973 oil embargo rewired the world forever—and the lessons to be learned for today’s oil crisis.
Before 1973, Americans had an almost theological faith in abundance—that resources were essentially limitless and that economic growth had no natural ceiling. The embargo didn't just spike prices; it introduced scarcity as a permanent feature of modern life. Every energy debate since—over nuclear power, climate change, fracking, electric vehicle...
Before 1973, Americans had an almost theological faith in abundance—that resources were essentially limitless and that economic growth had no natural ceiling. The embargo didn't just spike prices; it introduced scarcity as a permanent feature of modern life. Every energy debate since—over nuclear power, climate change, fracking, electric vehicle...



