United States presidents since Richard Nixon have sought the development and implementation of a comprehensive energy policy without success. As a consequence, the country became heavily dependent upon foreign oil imports in the early 1970s. The first supply crisis occurred with the Arab Oil Embargo of 1973-1974, which,�in his “Memoirs,” Henry Kissinger called the “worst [...]
How the U.S. Can Eliminate Dependence on Foreign Oil by 2020 is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/us-dependence-foreign-oil/
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