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Oil Shipping

Posted on September 13, 2008

Oil Shipping
1973 OPEC embargo on oil shipping to the U.S. as a result?

1 - burst of problems with the Soviet Union 2 - The war between Israel and its Arab neighbors 3 - higher inflation and a recession at home 4 - British American foreign policy offensive against the Arab countries

To answer your question about homework ... Gas prices were up, rationing was carried out and the auto industry collapsed.

Shipping Company Blames Govt. for Oil Spill

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