OPEC oil embargo and the '79 energy crisis.
The energy crisis began when US involvement in the Middle East started to go wrong with the Arab retaliation of the Israeli victories and the rise of "user-friendly" regimes in Saudi Arabia and the Persian Gulf. Most importantly, though, is that any answer to this question is probably just speculation backed up by historical evidence as interpreted by the answerer. Some would say we're not in an energy crisis at all, but that we haven't drilled enough of that OIL out of Alaska's North Slope.
oil embargo by the Organization of Petroleum Exporting Countries (OPEC)
Lincoln is on this penny.
A 1973-S proof set is worth from $12 to $15.00.
Energy Crisis
23. Unless you count the time they ran out of parts for Regan which caused the energy crisis of 1973!
oil crisis of 1973
The 1973 Oil Crisis.
passing a tariff on sugar
A tax on whiskey caused the first major domestic crisis of the U.S. government under the constitution.
Jimmy Carter
The Cuban Missile Crisis almost caused a nuclear war, but fortunately neither the US nor the USSR actually wanted to fight one.
The US Subprime financial crisis, caused a massive void in the country's economy and the liquidity in the markets was affected badly. Nobody has gained any benefit because of this. Everyone is suffering because of the crisis.
The energy crisis affected life in the U.S. by causing the use of the 55 mile per hour speed limit. It also fostered a rise in environmentalist issues that led to protection of the environment.
OPEC oil embargo and the '79 energy crisis.
The OPEC oil embargo of 1973 caused long lines at gas pumps in the US. This embargo was a response to Western support for Israel during the Yom Kippur War, leading to a severe shortage of oil and subsequent price increases.