OPEC Oil Crisis of 1973

Which organization led the oil embargo during the OPEC oil crisis of 1973?

• United Nations

• OPEC

• NATO

• European Union

Which countries were heavily impacted by the increase in oil prices during the OPEC oil crisis of 1973?

• Germany, France, and Italy

• China, India, and Brazil

• Russia, Canada, and Australia

• Mexico, Argentina, and Colombia

What event sparked the OPEC oil crisis of 1973?

• Yom Kippur War

• Six-Day War

• Gulf War

• Vietnam War

Which countries supported Israel during the Yom Kippur War?

• Saudi Arabia, Iran, and Iraq

• Egypt, Jordan, and Syria

• United States, Canada, and Japan

• Germany, France, and Italy

What percentage of the world's oil supply was produced by OPEC countries in 1973?

• 25%

• 40%

• 55%

• 70%

What was the impact of the oil crisis on the average U.S retail price of a gallon of regular gasoline?

• Decreased by 50%

• Increased by 100%

• Increased by 250%

• Increased by 350%

Which country faced little direct effect from the oil embargo but experienced an energy crisis due to strikes by coal miners and railroad workers?

• United Kingdom

• Japan

• United States

• Germany

How did the oil crisis impact the automobile industry?

• Increased demand for larger sedans

• Shift towards more fuel-efficient vehicles

• Decreased production of compact models

• No significant impact on the industry

What measure was implemented in the U.S to reduce consumption during the oil crisis?

• National maximum speed limit of 75 miles per hour

• Year-round daylight saving time

• Increased production of oil

• No measures were taken

When was the federal 55 miles per hour speed limit ended in the U.S?

• 1985

• 1995

• 2005

• 2015