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Title: Vehicle Downsizing
Author: Roy Dwyer
Source: American Gas Association 1983
Year Published: 1983
Abstract: The decade of the seventies, the one that started a revolution in the American automotive industry, is still continuing today. It was a period that awakened Americans and the world to energy, its sources, and the life-sustaining role energy has on the world economy and transportation. It was in 1973 that the first visible sign of change in the transportation industry took place. The change did not start in America, but was a result of the 1967 Arab-Israeli War which left the Arabs without any prospect of achieving a military victory. In 1973, the Arabs were again defeated in war but emerged with a victory at the negotiating table. In exchange for political concessions, the Arabs negotiated the right to dictate the availability and price of their crude oil.




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