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How have the policies of the Organization of Petroleum Exporting Countries (OPEC) affected the American economy?
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How have the policies of the Organization of Petroleum Exporting Countries (OPEC) affected the American economy?

User Daniel J F
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The OPEC oil embargo was an event where the 12 countries that made up OPEC stopped selling oil to the United States. The embargo sent gas prices through the roof. Between 1973-1974, prices more than quadrupled. In response to the oil crisis, the United States took steps to become increasingly energy independent.

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