A Modern Call for Project Independence
From Oil Crisis to Green Revolution: Charting a Path Toward Energy Autonomy
The oil embargo of 1973-1974, led by Arab oil-producing countries, resulted in a sharp increase in oil prices and a shortage of oil supplies. This event had a profound impact on the U.S. economy and highlighted the vulnerability of the nation's energy security. In response, President Nixon announced Project Independence on November 7, 1973.
The goal of P…
Keep reading with a 7-day free trial
Subscribe to Irrational Fear to keep reading this post and get 7 days of free access to the full post archives.