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RE: LeoThread 2025-02-07 13:28

in LeoFinance8 months ago

The U.S. energy crisis of the 1970s forced American leaders and researchers to come up with solutions in policymaking, technology and architecture.

Part of the energy problem after 1940 resulted from the depletion of domestic oil reserves during World War II—around 6 billion barrels. In the Vietnam struggle experts contend the United States supplied about 5 billion barrels of oil, although great quantities of that came from Middle Eastern properties owned by American companies. Certainly the total for both wars represents a quantity larger than either that of the great East Texas oil field or possibly that discovered on Alaska’s North Slope in 1967. After the 1960s, as domestic production declined and demand soared, the oil industry had to import vast quantities from the Middle East and Venezuela. The nation’s key energy source increasingly hinged on balancing diplomatic relations with Arab oil-producing nations while continuing its aid to Israel.