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How the 1973 oil embargo changed the way the U.S. thinks about energy

Sep 21, 2023
Fifty years ago this fall, Arab members of OPEC cut off their oil exports to the United States.
Above, an oil pumpjack in California. Then-President Richard Nixon, in a 1973 speech addressing the oil embargo, expressed the need for U.S. energy independence.
Frederic J. Brown/AFP via Getty Images

Fracking made the U.S. a major oil producer, but not energy independent

Sep 12, 2018
Author of "Saudi America," Bethany McLean tells us about why the key ingredient in fracking is capital, not chemicals.
A Cabot Oil & Gas natural gas drill stands at a hydraulic fracturing site in South Montrose, Pennsylvania. The process is controversial with critics who say it could poison water supplies, while the natural-gas industry says it's been used safely for decades.
Spencer Platt/Getty Images