From the archives: Richard Nixon addresses the 1973 energy crisis

President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. The crisis was triggered by the Yom Kippur War, when Middle East members of the Organization of the Petroleum Exporting Countries banned oil sales to the U.S. and other countries. Americans faced their first fuel shortage since World War II as gas prices rose sharply. The oil embargo marked a pivotal moment in U.S. energy policy and foreign relations with oil-producing nations.