Ad
related to: 1979 oil crisis speech transcript
Search results
Results From The WOW.Com Content Network
The 1979 State of the Union address was given by President Jimmy Carter to a joint session of the 96th United States Congress on January 23, 1979. The speech lasted 32 minutes and 32 seconds. [1] and contained 3257 words. [2] The Republican Party response was delivered by Senator Howard Baker Jr. (TN) and Representative John Rhodes (AZ). [3]
A drop in oil production in the wake of the Iranian revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, [2] the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to $39.50 per barrel ($248/m 3).
In July 1979, responding to a national energy crisis that resulted from the Iranian Revolution, President Carter delivered his "Crisis of Confidence" speech, urging Americans to reduce their energy use to help lessen American dependence on foreign oil supplies. [12]
The reorganization was largely in response to the 1973 oil crisis, during which the Organization of Arab Petroleum Exporting Countries (OAPEC) imposed an embargo against nations that had backed ...
In a speech to the nation in July 1979, Carter described a “crisis of confidence" among the American people. Although he never said the word, it became short-handed as his “malaise” speech.
The Moral Equivalent of War speech was a televised address made by President Jimmy Carter of the United States on April 18, 1977. [1] The speech is remembered for his comparison of the 1970s energy crisis with the "moral equivalent of war." Carter gave ten principles for the plan but did not list specific actions.
For premium support please call: 800-290-4726 more ways to reach us
January 17: President Nixon suspends mandatory oil import quota on No. 2 heating oil through April 30. January 23: Shah of Iran announces that the 1954 operating agreement between a consortium of oil companies and Iran will not be renewed when it expires in 1979. The consortium was formed in 1954 as a means to settle a dispute between a new ...