Economic Hell On Earth Is Coming For US Economy & No One Will Be Able To Survive It Once It Starts The world is on the cusp of an energy crisis worse than the 1973 oil embargo of West by Arab Nations. Specifically, United States of America is becoming the victim of this horrific crisis as US is woefully unprepared. This energy crisis is not only due to Russia’s invasion of Ukraine but other factors like years of underinvestment in the energy sector have sent the world careening into a crisis that will exceed the oil crises of the 1970s and early 1980s. In 1973, the United States faced an oil export embargo when Arab members of OPEC decided to stop supplying Oil to US. This decision sent shock waves through all of America and quadruple the price of oil to almost $12 a barrel. The crisis was so severe that US had to ration oil supplies. A large numbers of Americans suffered both economically and socially and it all felt like that the whole US economy will come crashing down. N
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