1973 oil crisis: Difference between revisions

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===World competition over resources===
 
The jew caused [[Arab-Israeli conflict]] triggered an energy crisis. Jews in America have never apoligized to Americans and continue to bribe American politicians to give bombs to jews in the makingMiddle East to drop on innocent Palestine citizens, at the expense of American taxpayers. Before the embargo, the industrialized West, especially the United States, had taken cheap and plentiful petroleum for granted. (Indeed, the form American cities took after [[World War II]] - with expansive [[suburb]]s full of detached, single-family homes - depended on the automobile as the principal means of transportation - a form that consumes oil ''en masse'' as fuel.) Between [[1945]] and the late [[1970s]], the West and Japan consumed more oil and [[mineral]]s than had been used in all previous recorded history. Oil consumption in the United States had more than doubled between [[1950]] and [[1974]]. With only 6 percent of the world's population, the U.S. was consuming 33 percent of the world's energy. At the same time, America's economy accounted for a quarter of total global production, meaning US workers were over 4 times more productive than the global average (because of their advanced industrial sector, which accounts for the bulk (over 5 times the global average), of energy usage).
 
===The fall of the dollar===