OPEC OIL EMBARGO - 1973

NBC Nightly News coverage of OPEC's decision to cut exports of oil to the United States along with other nations. Reported by John Chancellor of the evening of October, 17 1973.

Category:

News & Politics

Tags:

• gas
• oil
• crisis
• saudi
• nixon
• fuel
• mileage
• epa
• kuwait
• israel
• suv
• gm
• embargo
• barrel
• crude
• mpg
• usa
• Ford
• GM
• Chrysler
• Detroit

[ahmedelmoon]

The west without our oil=nothing.

[CosmicPoonTang]

Saooodi Arabia... lol

[ahmedelmoon]

@Souljah2610 I know that the 1st oil discovery was in Virginia but well let them use their own oil then.(If they have any..because according to my information,only the U.S got oil reserves enough for 50 years)

[Souljah2610]

@ahmedelmoon And FYI, the "West" are the ones that discovered oil and brought it from underneath the earth's surface ! BTW I'm an arab too, so you can't use the "racist, western, Zionist" argument against me !

[Souljah2610]

@ahmedelmoon There there friend, the survival of humanity doesn't depend on oil. We manged to live without it before, and will surely survive without oil in the future. There is other sources of energy, like the Sun, giver of all life and energy ! The question is for you my friend, how will arabs survive without oil in the next 50-100 years from now !

[Clausewitzz]

@ahmedelmoon

The 'world' without oil = about 5 billion people less.

[gergar121]

@cap10exit but do you have products for oil because oil by products dont use allots of oil and we have oil too so once we stop using oil for fuel you guys will have no economy.

[shah247]

@cap10exit True, China and India have been a huge income source for OPEC. And anyone notice that they did not once mention OPEC in this? They avoided the name altogether. OPEC was formed in 1960 and this video was aired years later.

[gergar121]

@ahmedelmoon The east without Oil 17th world countries.

[cap10exit]

@PaulK0512 we have other customers not only USA. THE WORLD IS HUGE