Embargo: The 1973 Oil Crisis That Changed the World (And What We Can Learn from It Now)

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.

The king of Saudi Arabia had warned the Americans repeatedly: If you do not treat us with respect, we will cut off your oil. For years, nobody believed him. On October 5, 1973, he made good on his threat.

The consequences were immediate. In America, fuel rationing and a fifty-five-mile-per-hour emergency speed limit couldn’t stop the lights of ...