When oil prices spiked during the 1967 Oil Embargo, 1973 oil crisis, and 1979 energy crisis, Alberta's economy boomed.

" The Abadan oil refinery was featured on the reverse side of Iran's 100-rial banknotes printed in 1965 and from 1971 to 1973.

The prolonged worldwide boom, beginning in the late 1940s and lasting until the first oil crisis in 1973, was a challenge that Finland met and from which it emerged with a highly sophisticated and diversified economy, including a new occupational structure.

After 1973, Germany was hard hit by a worldwide economic crisis, soaring oil prices, and stubbornly high unemployment, which jumped from 300, 000 in 1973 to 1. 1 million in 1975.

GDP per capita grew 545 % from 1970 to 1980 as a result of the sudden increase in oil export revenues from 1973 to 1979.

These favorable developments, combined with the presence of a large and cheap labour force, laid the foundation for spectacular economic growth that lasted almost uninterrupted until the " Hot Autumn's " massive strikes and social unrest of 1969-70, which then combined with the later 1973 oil crisis and put an abrupt end to the prolonged boom.

Inflation continued, aggravated by the increases in the price of oil in 1973 and 1979.

Since the oil shocks of the 1970s, Japan has reduced dependence on petroleum as a source of energy from more than 75 % in 1973 to about 57 % at present.

* 1973 – John Paul Getty III, grandson of oil magnate J. Paul Getty, is kidnapped in Rome, Italy.

* 1974 – In response to the 1973 oil crisis, daylight saving time commences nearly four months early in the United States.

The oil crisis of 1973 and a slump in export revenues put Zambia in a state of economic crisis.

In 1973, the massive increase in the price of oil was followed by a slump in copper prices and a diminution of export earnings.

After the 1973 oil crisis and the subsequent rise in fuel costs, gas turbine locomotives became uneconomical to operate, and many were taken out of service.

Gaddafi played a key role in promoting the use of oil embargoes as a political weapon for challenging the West, hoping that an oil price rise and embargo in 1973 would persuade the West — especially the United States — to end support for Israel.

These policies, coupled with economic pressures stemming from the 1973 oil crisis, resulted in the rapid collapse of Madagascar's economy and a sharp decline in living standards, and the country had become completely bankrupt by 1979.

Mazda's rotary success continued until the onset of the 1973 oil crisis.

Fraser's economic record was marred by rising unemployment, which reached record levels under his administration, caused in part by the ongoing effects of the 1973 oil crisis.

* 1973 – A national speed limit is imposed on the Autobahn in Germany because of the 1973 oil crisis.

* 1973 – The Netherlands experiences the first Car Free Sunday caused by the 1973 oil crisis.

* 1973 – OPEC starts an oil embargo against a number of western countries, considered to have helped Israel in its war against Syria.

* 1973 – A bank robbery gone wrong in Stockholm, Sweden, turns into a hostage crisis ; over the next five days the hostages begin to sympathise with their captors, leading to the term " Stockholm syndrome ".

The 1973 oil crisis, a series of automobile-related regulatory changes enacted during the 1970s and a change of directors at Volkswagen made the case for a Volkswagen sports car less striking and the 425 project was put on hold.

It was not until the 1973 oil crisis that the country saw rapid growth, and GDP per capita soared by 1, 858 % in the 1970s ( although that growth was concentrated with the ruling elite ).

The major exception to this occurred during the 1973 oil crisis when Saudi Arabia, with the other Arab oil states, used an embargo on oil supplies to pressurize the US to stop supporting Israel.

The 1973 international oil crisis caused Switzerland's energy consumption to decrease from 1973 to 1977.

The 1973 oil crisis meant that large displacement special edition homologation cars of all makes were suddenly sitting unsold.

A year later, world oil prices rose dramatically as a result of the 1973 energy crisis, and skyrocketing revenues enabled Saddam to expand his agenda.

Failure to address the economic and social disparities and increasing political awareness of the less-affluent population, as well as indirect intervention and economic funding to the main political groups by both the KGB and the CIA, as part of the Cold War, led to a political polarization under Socialist President Salvador Allende which in turn resulted in the 11 September 1973 coup and the military dictatorship of General Augusto Pinochet, whose 17-year regime was responsible for numerous human rights violations and deep market-oriented economic reforms.

A 1973 diagnosis of colon cancer, however, led Atkins to redefine his role at RCA, to allow others to handle administration while he went back to his first love, the guitar, often recording with Reed or even Homer & Jethro's Jethro Burns ( Atkins's brother-in-law ) after Homer died in 1971.

The Portuguese Governor and Commander in Chief from 1968 to 1973, General António de Spínola, returned to Portugal and led the movement which brought democracy to Portugal and independence for its colonies.

The first incident occurred on 21 February 1973, during a period of tension led to the Arab-Israeli Yom Kippur War in October that year, when Libyan Arab Airlines Flight 114 was shot down by Israeli F-4 jets over the Sinai Peninsula.

On 19 March 2011, a coalition of United Nations member states led by France, the United Kingdom, and the United States began military operations in Libyan airspace and territorial waters after the United Nations Security Council approved UNSCR 1973, ostensibly to prevent further attacks on civilians as loyalist forces closed in on Benghazi, the rebel headquarters.

That work with Ken Harrison and the UK MOD ( RRE Malvern ), in 1973, led to design of new materials resulting in rapid adoption of small area LCDs within electronic products.

* 1973 – George Papadopoulos, head of the military Regime of the Colonels in Greece, is ousted in a hardliners ' coup led by Brigadier General Dimitrios Ioannidis.

In 1973, Oromo discontent with their position led to the formation of the Oromo Liberation Front ( OLF ), which began political agitation in the Oromo areas.

The success in syndication of the original live action series and fan pressure for a Star Trek revival led to The Animated Series from 1973 – 1974, as the source of new adventures of the Enterprise crew, the next being the 1979 live-action feature film Star Trek: The Motion Picture.

Disillusionment with railroad performance led to a new emphasis on roads in a readjustment of the Five-Year Plan in 1973 — the so-called Interim Action Program — and a decision to encourage competition between rail and road transport as the best way to improve services.

Student-led uprisings in October 1973 led to a new vision of liberating the country from military government for a short period.

However, the outbreak of the 1973 Arab-Israeli War led to the recovery of oil prices and Williams remained in office.

That exchange rate was maintained until 1971, when the United States abandoned the gold standard, which had been a key element of the Bretton Woods System, and imposed a 10 percent surcharge on imports, setting in motion changes that eventually led to floating exchange rates in 1973.

The crisis saw the first instance of stagflation which began a political and economic trend of the replacement of Keynesian economic theory with neoliberal economic theory, with the first neoliberal governments being created in Chile, where a military coup led by Augusto Pinochet took place in 1973.

In 1973 Appleton began his collaboration with engineers Sydney Alonso and Cameron Jones, which led to the creation of the Dartmouth Digital Synthesizer and ultimately the Synclavier.

* In the future world of Marvel Comics ' Killraven ( 1973 ), the Martian Masters who orchestrated the invasion in The War of the Worlds returned to Earth a century later and conquered it ; they were overthrown by rebels led by the psychic human Jonathan Raven, alias Killraven.

The spirit of reformist optimism was cut short by the 1973 oil crisis and the major public services strike 1974, which gave Germany's trade unions, led by Heinz Kluncker, a big wage increase but reduced Brandt's financial leeway for further reforms.

He overthrew the monarchy of his first cousin Mohammed Zahir Shah and declared himself as the first President of Afghanistan from 1973 until his assassination in 1978 as a result of the Saur Revolution led by the Communist People's Democratic Party of Afghanistan ( PDPA ).

The rightist opposition was led by National Party, the Roman Catholic Church ( which in 1973 was displeased with the direction of educational policy ), and eventually the Christian Democrats.

Economic conditions during the 1970s were becoming more difficult for the UK and many other western economies as a result of the ending of the Bretton Woods Agreement and the 1973 oil shock, and the Heath government in its turn was buffeted by economic adversity and industrial unrest ( notably including confrontation with the coalminers which led to the Three-day week ) towards the end of 1973, and on 7 February 1974 ( with the crisis still ongoing ) Heath called a snap election for 28 February.

In 1973 the Dutch government started negotiations with the local government, led by the NPK ( a largely Creole party ) about independence, which was granted on November 25, 1975.

In 1973, Rose led the league with 230 hits and a. 338 batting average en route to winning the NL MVP award, and leading " the Big Red Machine " to the 1973 National League Championship Series against the New York Mets.

This led to a mass walk-out of the sport by the previously highly successful Honda, Suzuki and Yamaha manufacturer teams, skewing the results tables for the next several years, with MV Agusta effectively the only works team left in the sport until Yamaha ( 1973 ) and Suzuki ( 1974 ) returned with new two-stroke designs.