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  2. 1970s energy crisis - Wikipedia

    en.wikipedia.org/wiki/1970s_energy_crisis

    The major oil-producing regions of the U.S.—Texas, Oklahoma, Louisiana, Colorado, Wyoming, and Alaska—benefited greatly from the price inflation of the 1970s as did the U.S. oil industry in general. Oil prices generally increased throughout the decade; between 1978 and 1980 the price of West Texas Intermediate crude oil increased 250 ...

  3. Return to the '70s? Today's housing market has echoes ... - AOL

    www.aol.com/finance/return-70s-todays-housing...

    These conditions were hallmarks of the 1970s, when inflation ran high, leading the Federal Reserve to hike interest rates. ... gauge that shows prices for everyday goods, from gas and food to ...

  4. Energy crisis - Wikipedia

    en.wikipedia.org/wiki/Energy_crisis

    1970s energy crisis – caused by the peaking of oil production in major industrial nations (Germany, United States, Canada, etc.) and embargoes from other producers . 1973 oil crisis – caused by an OAPEC oil export embargo by many of the major Arab oil-producing states, in response to Western support of Israel during the Yom Kippur War

  5. The lines, the signs, the fights: In 1970s L.A., gas came at ...

    www.aol.com/news/lines-signs-fights-1970s-l...

    We don't have shortages of gasoline that prevent you from filling up today. But in the 1970s, the high prices came with long waits and other inconveniences. The lines, the signs, the fights: In ...

  6. 1973–1975 recession - Wikipedia

    en.wikipedia.org/wiki/1973–1975_recession

    The 1973–1975 recession or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end to the overall post–World War II economic expansion. It differed from many previous recessions by involving stagflation , in which high unemployment and high inflation existed simultaneously.

  7. Natural gas prices spike on forecasts of colder than expected ...

    www.aol.com/natural-gas-prices-spike-forecasts...

    Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.

  8. Hubbert peak theory - Wikipedia

    en.wikipedia.org/wiki/Hubbert_peak_theory

    "Hubbert's peak" can refer to the peaking of production in a particular area, which has now been observed for many fields and regions. Hubbert's peak was thought to have been achieved in the United States contiguous 48 states (that is, excluding Alaska and Hawaii) in the early 1970s. Oil production peaked at 10.2 million barrels (1.62 × 10 ^ 6 m 3) per day in 1970 and then dec

  9. Gas Prices for Every Decade Since 1930 - AOL

    www.aol.com/finance/gas-prices-every-decade...

    By 1950, gas prices had jumped to 27 cents, about $3.40 in today’s money. The next two decades were much like the two that preceded the war. Fuel prices held remarkably steady, climbing only to ...