shortages, May 3, 1979 in Long Beach, California. (Photo by Getty Images/Bob Riha, Jr.) As the 50 th anniversary of the first major oil crisis approaches next month, it is important to understand ...

It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October ... got bumpier with the Iranian Revolution of 1979. The last best hope was for coal and under ...