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1973 oil crisis

Washington Energy Conference opens

Feb, 1974
U.S.

Washington Energy Conference opens. Attended by 13 industrial and oil-producing nations. Called by the U.S. to resolve the international energy problems through economic cooperation among nations. Henry Kissinger unveils Nixon Administration's seven-point "Project Independence" plan to make the U.S. energy independent. Libya nationalizes three U.S. oil companies that had not agreed to 51 percent nationalization in September.


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