Energy Crisis 2026
When I was in college in Ithaca New York, I experienced my first energy crisis. The 1970s energy crisis was actually two overlapping crises, each triggered by geopolitical upheaval in the Middle East. The first oil shock (1973–1974) began in October 1973, when Egypt and Syria launched a surprise attack on Israel, starting the Yom Kippur War. The U.S. airlifted weapons to Israel to prevent its defeat. In retaliation, the Arab members of OPEC (the…

