That's a bit harsh... here's where it actually began.
This is the point where Mom had to go to work to maintain the current family lifestyle, as opposed to working for personal self-fulfillment.
On October 16, 1973, OPEC announced a decision to raise the posted price of oil by 70%, to $5.11 a barrel. [12] The following day, oil ministers agreed to the embargo, a cut in production by five percent from September's output, and to continue to cut production over time in five percent increments until their economic and political objectives were met. [13] October 19, U.S. President Richard Nixon requested Congress to appropriate $2.2 billion in emergency aid to Israel, including $1.5 billion in outright grants. George Lenczowski notes, "Military supplies did not exhaust Nixon's eagerness to prevent Israel's collapse...This [$2.2 billion] decision triggered a collective OPEC response". [14] Libya immediately announced it would embargo all oil shipments to the United States. [15] Saudi Arabia and the other Arab oil-producing states quickly followed suit, joining the embargo on October 20, 1973. [16] At their meeting in Kuwait the OPEC oil-producing countries, proclaimed the oil boycott that provided for curbs on their oil exports to various consumer countries and a total embargo on oil deliveries to the United States as a "principal hostile country". [17] The embargo was thus variously extended to Western Europe and Japan.
en.wikipedia.org
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