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The Fuse | New Crisis Brings New Opportunities to Advance U.S. Manufacturing and Strengthen Its Global Presence


The 1973 oil crisis, and the oil embargo that precipitated it, has had a lasting effect on U.S. energy policy and global geopolitics. As the price of oil quadrupled and long lines formed at gas stations across the country, U.S. energy independence became a policy goal that every president has since sought to achieve.
Despite these consequences, several developments occurred that both minimized the short-term impacts of the crisis and the likelihood of a similar crisis in the future, for the United States to become increasingly energy independent. The federal government, for example, instituted the Corporate Average Fuel Economy (CAFÉ) standards the nation’s first, vehicle, fuel-economy standards in 1975, as well as other policies to ensure global security for energy production. ....

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The Fuse | New Crisis Brings New Opportunities to Advance U.S. Manufacturing and Strengthen Its Global Presence

The Fuse | New Crisis Brings New Opportunities to Advance U.S. Manufacturing and Strengthen Its Global Presence
energyfuse.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyfuse.org Daily Mail and Mail on Sunday newspapers.

United States , National Policy On , Corporate Average Fuel Economy , National Policy , ஒன்றுபட்டது மாநிலங்களில் , தேசிய பாலிஸீ ஆன் , பெருநிறுவன சராசரி எரிபொருள் பொருளாதாரம் , தேசிய பாலிஸீ ,