FOAB Information

Saturday, 25 April 2026

Not Learning From Last Energy Crisis

Ever since Benjamin Netanyahu discovered he had a simpleton in the White House and they joined forced to start the Iran War which blocked upo the Strait of Hormuz, we have heard much about the energy crisis in the 1970's but i was more into watching Scooby Doo back then so it passed me by so what did happen back then?
In October 1973, in response to Western support for Israel during the Yom Kippur War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an oil embargo on all nations aiding Israel which led to severe oil shortages and a significant spike in global oil prices, profoundly impacting economies worldwide.
The crisis triggered stagflation, impacting growth, high inflation and rising unemployment.
The shortage left many homes and schools without heat and some institutions closed during winter months and cities were plunged into darkness during blackouts.
You would have thought that all this would have concentrated minds and ushered in a new age of renewable sources so nations were not so countries were not so dependent on fossil fuels but what Trump's and Netanyahu's foolishness is proving, we never so we can only hope that this time around, we do and ramp up the Solar, tidal and wind power and then we can tell the Middle East to stick their oil where the sun doesn't shine because our power will be coming from where it does.

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