1970s energy crisis facts for kids
Real and Nominal price of oil, 1968–2006.
|Also known as||1970s oil crisis|
The 1970s energy crisis happened when the Western world, mainly in the United States, Canada, Western Europe, Australia, and New Zealand, faced large petroleum shortages as well as inflated prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when the Yom Kippur War and the Iranian Revolution caused an interruptions in Middle Eastern oil exports.
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1970s energy crisis Facts for Kids. Kiddle Encyclopedia.