32e

1. What was the trend in oil consumption from 1970 through 1973?
It was increasing

2. How much oil did Americans consume in 1973?
35Quadrillion Btu

3. In which year during the 1970s was oil consumption the greatest?
1978

4. Why were there rather sharp declines in oil consumption after 1973 and 1979?
There was a decline because in 1973 the oil supply from oil companies were cut off. Then in 1979 OPEC the price was increased drastically

5. What do you imagine happened to oil consumption in 1981? Why?
It went down, it looks like this because the past two years were declining as well.

6. Logically, why should the percentage of imported oil consumed in the United States have dropped in 1973–1974? Why do you think it did not?
It should have dropped because of oil companies were no longer was importing oil. It most likely did not drop because Americans then spent more money on more expensive oil from OPEC.

7. Until 1969, imported oil had never been more than 19.8 percent of the total amount of oil consumed in the United States. In your own words, summarize what happened to U.S. reliance on imported oil in the 1970s.In the 1970s some Arab neighbors to Israel cut off oil supplies to the US and at the same time OPEC raised the prices, making it harder for Americans to get oil.