Sunday, April 3, 2011

Certainties of 1970s Energy Crisis Have Fallen Away

Certainties of 1970s Energy Crisis Have Fallen Away

 Unrest in the Middle East, rising oil prices and frustration with federal energy policy — for Texans of a certain age, today’s headlines must seem like déjà vu. The current situation is far less severe than the aftermath of the 1973 Arab oil embargo. But the parallels are unmistakable.

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