What The 1970s Oil Shock Can Tell Us About Today

The oil shock as felt in America

It feels a lot like the 1970s. Fuel prices are rising, the Third World is writhing, and Silk Sonic is vibing in bell bottoms again. War in Ukraine has blown up energy prices like the 1973 Israel War, with the West somehow sanctioning itself this time. As Miss Shirley Bassey said, “it’s just a little bit of

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