No OPEC

I saw this truck on my way to work and the “No OPEC” sticker made me think about days past from the 70’s when OPEC was front and center in the news.  Incidentally, on my daily “This Day in History” desktop calendar the entry for November 4th spoke of the 1979 takeover of the US Embassy in Tehran, followed by the signing of the embargo of Iranian oil by then President Carter.

I suppose what stands out about OPEC, the Iranian Crisis and the oil embargo was the uncertainty of that time in 1979.  Sure today oil prices are at an all-time-high but we don’t have lines at the filling station nor shortages.  There was just something unsettling about something as basic as fuel being in short supply.

The “No OPEC” sticker would have been a real hit back in the 70’s.  How time flies by…

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