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Things began to turn around in about 1972 with the oil crisis.
Are we now at risk of a third oil crisis?
This all goes back to the oil crisis in the 70's.
Prices were going up in general even before the oil crisis.
Natural gas has been used since 1974 after the first oil crisis.
America has worried for years about a new oil crisis.
His luck began to show up during the 1972 oil crisis.
This was done as a direct result of the 1973 oil crisis.
In other words, the third oil crisis we are experiencing now, is here to stay.
This plan was ready to go when the oil crisis broke.
New Zealand, like most other countries, was hard hit by the 1973 oil crisis.
As a result of the 1973 oil crisis, the American economy went into recession.
"When the oil crisis came, everything dropped, but it actually was our chance to become a new city again."
The 1973 oil crisis increased public concern about this problem.
We've forgotten about the oil crisis that just took place a short 20 years ago.
But turning the current oil crisis to their advantage will not be easy.
But many more jobs are still needed to replace those lost in the oil crisis.
When the 1973 oil crisis struck, many Americans turned to economy cars.
So I'm sorry to say that under current conditions, a third oil crisis could indeed happen.
The 1973 oil crisis called attention to the need to consolidate energy policy.
Since the 1973 oil crisis, energy conservation has been an issue in Japan.
"It makes good policy sense to take a 10- to 15-year view of the oil crisis, and spread out the impact."
Energy saving does not date from the first oil crisis.
In 1974 we had the three-day week, followed by the oil crisis.
Germany's economy continued to improve until the 1973 oil crisis.