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15 Disturbing Truths About The 1970s Energy Crisis

9. Political Scandals and Conspiracies Proliferated

9. Political Scandals and Conspiracies Proliferated
Public distrust surged during the 1970s energy crisis amid allegations of hoarding and price manipulation.

The 1970s energy crisis fueled public distrust, with rumors of oil companies hoarding supplies or governments exaggerating shortages for political gain. Investigations into these claims revealed mixed findings, with some reports exonerating the oil industry of deliberate hoarding, while others identified overcharges and pricing issues. (washingtonpost.com)

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